Buyer for snack and sauce manufacturers in Eastern Europe

Company to buy

• Location: Eastern Europe
• Revenue: 1 – 15 million EUR
• Industry: Food production
• Reason for acquisition: This buyer wants to expand its food business in Eastern Europe
• #CFIE FOB100

Overview of buyer for snack and sauce manufacturers in Eastern Europe

Currently, the worldwide vegan food market is experiencing significant growth due to the increasing interest in veganism, and rising awareness of healthy lifestyle choices and animal welfare. In 2023, the value of the vegan food market reached 25 billion euros. Further, the market is expected to continue to grow at a compound annual growth rate of 10.1% between 2024 and 2032.

The buyer is a Belgian company interested in taking part in the evolution of the vegan sector’s products with its plant-based topping-type sauces. Moreover, the buyer is an ecologically conscious company committed to sustainable production. Most importantly, they carefully select the raw materials and offer recyclable packaging.

Profile (strategy) of buyer for snack and sauce manufacturers in Eastern Europe

At this time, the vegan sector is growing, not only because of vegan consumers but plant-based food in general is strongly associated with health. Essentially, the vegan movement has been driven by creativity and innovation, as the proposals must not only be nutritious and healthy but also accessible to consumers.

In total, this buyer offers more than ten flavors of vegan sauces, in plastic-saving squeezable packaging, with natural and plant-based ingredients and 100% local raw materials. Primarily, the aim is to offer an original product, loaded with the flavor of natural spices combined uniquely, in very practical and fun packaging. Altogether, their main ambition is to associate their product with other foods, especially fried foods, and to be the delicious and healthy topping for every snack. Above all, they are one of the internationally recognized labels for vegan products.

This buyer generates revenues of more than five million euros annually and earns a profit of around 20%. They are currently interested in acquiring a vegan company in Eastern Europe.

Activities and products of suitable targets

The buyer currently seeks a snack and sauce manufacturer in Eastern Europe:

• Revenue: 1 – 15 million EUR
• EBITDA: 10 – 20%
• Number of employees: 5 – 25
• Location: Eastern Europe (preferably Bulgaria or Romania)
• Industry: Food production
• Sub-industries: Snack and sauce manufacturers
• Interest: Companies with a production facility (not rented)
• Special knowledge: Company recipes and a plant manager fluent in English

The buyer has an extensive network of customers in Romania and Bulgaria as a possible synergy for the target company.

Highlights of buyer for snack and sauce manufacturers in Eastern Europe

• The buyer is an innovative Belgian company producing plant-based topping sauces as well as easy-to-use squeezable packaging
• Awarded as one of the internationally recognized labels for vegan products
• Actively seeks a company in the sauce and snack manufacturing sector with original recipes
• The target company should be based in Eastern Europe and have 1 – 15 million euros in revenue and an EBITDA of 10-20%

More information on this buyer for snack and sauce manufacturers in Eastern Europe

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