Monday, 9 July 2018

S-2901-6 MLJ Italian Corporate Food Catering (S EU)



Business Description: Founded in the 70’s this company is amongst the Italian leaders in Corporate Food catering and operates in four Business Segments: 
1.   Managing canteens for corporate clients, hospitals, schools, universities.
2.   Meal Vouchers for employees of public and private companies.
3.   Events Catering
4.   Restaurants with innovative formats
Clients include medium and large corporations, hospitals, universities, schools and institutions.
The Company serves almost 30 million meals per year and has 1200 employees.

Distribution: Mostly based in Italy, Delizio has started its internationalization program in Europe, and Middle East leveraging its “Traditional Italian Cuisine”.

Operational Strengths: Long experience in designing, renovating and managing corporate restaurants, based on traditional italian cousine and healthy food, and in the organization of events.

The Transaction:  The shareholders are willing to a majority of their shares, while helping to manage the business afterward. Note: Revenue fluctuations are due to large annual bids for the Meal Vouchers business. The restaurant business is mostly stable at about 30M at 10% EBITDA

Financial Summary
Values in M Euro (x1.2 for M$)
2018 (Est by seller)
2017
2016
Revenue
58.5 M
52.5 M
148.22 M
Adjusted EBITDA
5.26 M
4.68 M
10.48 M

Other Highlights
Location
Financials
Management Team in Place
Years in Business
SIC Classification
S Europe
Reviewed
Yes
40
581220

  
Direct All Inquiries to:

                                                        Gottesman Company
Refer to:  S-2901-6 MLJ
Tel: 212-330-8010     Fax: 646-434-4557
                                      E-mail: office@gottesman-company.com