For the buy-out of a minority shareholder in Van Delft Biscuits BV, the majority shareholder Florin BV carried out an independent valuation analysis.
Lindenaar & Co has assisted the management of Florin BV in this valuation analysis for which three methods were used: discounted cash flow analysis, trading multiple analysis and a transaction multiple analysis. The results of these individual valuations as well as the total combined valuation were finally presented to the shareholders of the Company, both written and orally.
Profile Van Delft Biscuits
Van Delft Biscuits has been a producer of cookies and related bakery products under private label and a proprietary brand since 1880. The company is mainly active in the Netherlands, Belgium and the United Kingdom. With its strong strategic focus on innovation and new trends, Van Delft Biscuits aims at a top position in private label bakery products in Europe. The company employs over 170 employees.