Surexport Compañía Agraria, S.L.
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Surexport Compañía Agraria, S.L. - overview
Established
1994
Location
Huelva, -, Spain
Primary Industry
Logistics & Distribution
About
Surexport Compañía Agraria, S. L. is a Spanish company specializing in the production and supply of high-quality berries and IV Gama fruit, catering to health-focused consumers and the food industry. Founded in 1994, Surexport operates from Huelva, Spain, focusing on the cultivation and supply of various berries.
The company has consistently engaged in three significant deals, demonstrating its active participation in the agricultural market. Surexport specializes in the production and supply of high-quality berries and IV Gama fruit year-round. Their core offerings include strawberries, raspberries, blueberries, and blackberries, alongside IV Gama fruit, which is minimally processed to maintain freshness. These products are cultivated using best agricultural practices and scientific research, and they are marketed under the brands Doñarosa, Berry Sensations, and Fruhi, primarily serving clients in Spain and Europe.
In the year 2022, Surexport reported a revenue of USD 158. 89 mn, with an EBITDA of USD 21. 20 mn. The company generates revenue through B2B partnerships with retailers and wholesalers, focusing on bulk sales of their premium products.
Surexport plans to expand its product line, although specific new product launches and timelines are yet to be revealed. Additionally, the company seeks to enter new markets in Europe by leveraging recent funding from Oquendo Capital, which acquired Surexport, although financial terms of the deal were not disclosed. This funding will support their expansion initiatives and improve operational capabilities.
Current Investors
Alantra, Oquendo Capital, Keyhaven Capital Partners
Primary Industry
Logistics & Distribution
Sub Industries
Food, Food & Beverage Distribution
Website
www.surexport.es
Company Stage
Mature - Buyout
Total Amount Raised
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Surexport Compañía Agraria, S.L. - financials
| Fiscal Year Ended | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 77,885,231 | 89,072,908.3 | 98,742,600.7 | 114,334,271.1 | 163,028,994.7 | - | - | - |
| % Revenue Growth (YoY) | - | 14.4% | 10.9% | 15.8% | 42.6% | - | - | - |
| EBITDA (USD) | 6,741,305.1 | 6,068,614.7 | 7,269,861.7 | 7,437,740.8 | 14,242,480.8 | - | - | - |
| Operating Income (USD) | 5,092,307.9 | 4,120,120.1 | 4,829,675.2 | 3,603,648.5 | 8,497,689.4 | - | - | - |
| Operating Margin | 6.5% | 4.6% | 4.9% | 3.2% | 5.2% | - | - | - |
| % EBITDA Margin | 8.7% | 6.8% | 7.4% | 6.5% | 8.7% | - | - | - |
| NET Income (USD) | 3,102,845.9 | 3,467,395.3 | 3,005,968.4 | 1,983,641.4 | 5,804,544.3 | - | - | - |
| % Net Margin | 4.0% | 3.9% | 3.0% | 1.7% | 3.6% | - | - | - |
Surexport Compañía Agraria, S.L. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Jong Fruit B.V. | - | ||||||||
| Buyout | Completed | Solana Fruits | - | ||||||||
| Add-on | Completed | AG Group | - | ||||||||
| Add-on | Completed | Flor de Donana S.L | - | ||||||||
| Buyout | Completed | Surexport Compañía Agraria, S.L. | - |
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