date:Nov 14, 2012
Raisio is paying an enterprise value (EV) of EUR 20.5 million including liabilities arising from a new capital investment of EUR 2.3 million in fruit-liquorice capability. Raisio will pay the consideration from its cash reserves.
Candy Plus was founded in 2000 and the company is owned by private investors. In 2011, the companys net sales totalled EUR 23.3 million, EBITDA EUR 2.9 million and EBIT EUR 2.1 million. Assets on 31 December 2011 totalled EUR 17.6 million, liabilities EUR 9.1 million a