Kagome Co., Ltd. has acquired British firm Silbury Marketing Ltd. to strengthen its competitive position in the European tomato processing market.

Target Information

Kagome Co., Ltd. has acquired Silbury Marketing Ltd., a British company specializing in the wholesale and brokerage of tomato processing products, located in Oxfordshire. This acquisition is part of Kagome's strategy to enhance its competitiveness in the European market. Silbury has been a key partner for Kagome, facilitating the procurement and marketing of both primary and secondary tomato processed products through its established relationships with manufacturers in Portugal.

In the fiscal year ending October 2024, Silbury reported revenues of 19.8 billion yen, with an operating profit of 627 million yen and total net assets amounting to 2.5 billion yen. This solid financial standing highlights the potential opportunities for growth and synergies resulting from this acquisition.

Industry Overview in the UK

The UK food and beverage industry is robust, characterized by increasing consumer interest in processed foods, including tomato-based products. The m

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Kagome

invested in

Silbury Marketing Ltd

in 2026

in a Buyout deal

Disclosed details

Transaction Size: $47M

Revenue: $18M

EBITDA: $5M

EBIT: $4M

Net Income: $2M

Enterprise Value: $40M

Equity Value: $23M


Multiples

EV/EBITDA: 7.9x

EV/EBIT: 10.6x

EV/Revenue: 2.2x

P/E: 13.9x

P/Revenue: 1.3x

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