Ubago Group Mare S.L.
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Ubago Group Mare S.L. - overview
Established
1929
Location
Malaga, -, Spain
Primary Industry
Food
About
Ubago Group Mare S. L. is a seafood company focused on the production and distribution of high-quality canned, smoked, and salted fish products, serving both consumer and retail markets. Founded in 1929 in Malaga, Spain, Ubago Group Mare S.
L. specializes in seafood production and distribution. The company has undergone strategic developments and has successfully navigated the market since its inception. Alantra previously held a stake in Ubago Group but exited in June 1999; financial terms were not disclosed.
Grupo Ubago specializes in the production and distribution of a diverse range of seafood products, emphasizing canned goods, smoked items, and salted fish. Their offerings include smoked salmon fillets, melva canutera in olive oil, and smoked salmon tartar. These products cater to direct consumers and retail clients, providing convenient and flavorful seafood options for home cooking, and are marketed both domestically and internationally, reaching quality-focused markets in Europe and select regions in North America. In 2023, Grupo Ubago reported a revenue of USD 239.
23 mn with an EBITDA of USD 17. 61 mn. The company generates revenue through a multi-faceted transaction structure encompassing B2B and direct-to-consumer sales, focusing on partnerships with retailers and wholesalers that distribute their products across various markets. While specific details regarding upcoming products and regions for expansion were not disclosed, the company continues to explore opportunities to enhance its product line and geographic reach.
The previous stake exit by Alantra in June 1999 indicates a stable market presence, with potential for future investments to support new initiatives.
Primary Industry
Food
Sub Industries
Meat, Poultry & Seafood Products
Website
www.ubagogroup.com
Verticals
Manufacturing
Total Amount Raised
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Ubago Group Mare S.L. - timeline of key events
Ubago Group Mare 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 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 91,734,142.9 | 107,723,005.7 | 116,232,453.1 | 115,823,942.2 | 118,090,785.6 | 119,961,975.9 | 125,710,206.6 | - | - | - |
| % Revenue Growth (YoY) | - | 17.4% | 7.9% | (0.4%) | 2.0% | 1.6% | 4.8% | - | - | - |
| EBITDA (USD) | 6,057,633.7 | 5,918,486.1 | 6,444,468.1 | 5,089,802.4 | 5,726,100.3 | 5,783,821.9 | 6,517,257.7 | - | - | - |
| Operating Income (USD) | 3,947,837.2 | 4,382,090.8 | 4,932,149.8 | 3,508,199.2 | 4,127,540 | 4,244,398.6 | 4,896,575.6 | - | - | - |
| Operating Margin | 4.3% | 4.1% | 4.2% | 3.0% | 3.5% | 3.5% | 3.9% | - | - | - |
| % EBITDA Margin | 6.6% | 5.5% | 5.5% | 4.4% | 4.8% | 4.8% | 5.2% | - | - | - |
| NET Income (USD) | 2,165,549.5 | 2,511,223.5 | 2,369,556.3 | 3,092,336.8 | 3,547,366.5 | 4,810,716.5 | 4,750,727 | - | - | - |
| % Net Margin | 2.4% | 2.3% | 2.0% | 2.7% | 3.0% | 4.0% | 3.8% | - | - | - |
Ubago Group Mare 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Exit | Completed | Ubago Group Mare S.L. | - | ||||||||
| Buyout | Completed | Ubago Group Mare S.L. | - |
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Ubago Group Mare S.L. - employee data
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