date:Apr 30, 2021
was arrived at on a willing-buyer, willing-seller basis and implies an EV/EBITDA multiple of approximately 11.5 times or approximately 8.5 times, including expected synergies.
The acquisition of Olde Thompson is expected to be earnings and margin accretive to OFI from the first year onward and generate potential EBITDA synergies of US$25-30 million.
This acquisition reinforces OFIs growth strategy of being a key player in providing sustainable, natural, value-added FB ingredients and solutions