Every transaction is different; that’s why valuation is more art than science. GLENBODEN’s valuation guide provides you with both comparables and estimates, in a standardized format. Remember to click on the title in order to view the underlying origination story.

CURRENT VIEW - TEN LATEST VALUATIONS

Other Views Choose One All Valuations (by date) All Valuations (by category) Latest Ten -------- By Category -------- Alcohol Beverages Bakery & Grain-based Confectionary Convenience Food Culinary & Preserves Dairy Products Health & Wellness Home Care Ingredients Personal Care Retail Soft Beverages Tobacco

1	Glenboden Category	bakery and grain-based
	TITLE	Premier could sell Hovis to fund UB acquisition
	Asset Quality	UK no.2 branded	buyer	large plc	type	value estimate	Size (€ mln)	680
	Sector	bakery (packaged bread)	seller	large plc	p/ebitda	9,5	p/s	0,75
2	Glenboden Category	convenience food
	TITLE	M&A surge in frozen foods - Poland's Hortex next ?
	Asset Quality	Poland no.1 branded	buyer	private equity	type	value estimate frozen segment (50% of total)	Size (€ mln)	125
	Sector	frozen food	seller	private equity	p/ebitda	12,5	p/s	1,3
3	Glenboden Category	dairy products
	TITLE	Potential buyers for Yoplait in fresh dairy
	Asset Quality	international leader branded	buyer	large plc	type	value estimate	Size (€ mln)	670
	Sector	fresh dairy	seller	private equity	p/ebitda	12,5	p/s	0,67
4	Glenboden Category	alcohol beverages
	TITLE	Potential buyers for United Biscuits
	Asset Quality	global no.3 branded	buyer	large plc	type	enterprise value estimate	Size (€ mln)	3.650
	Sector	biscuits and savoury snacks	seller	private equity	p/ebitda	13,5	p/s	2,4
5	Glenboden Category	bakery and grain-based
	TITLE	Potential buyers for Sara Lee's International Bakery business
	Asset Quality	western Europe branded	buyer	large plc	type	value estimate	Size (€ mln)	420
	Sector	bakery	seller	large plc	p/ebitda	16,0	p/s	0,67
6	Glenboden Category	alcohol beverages
	TITLE	M&A options for SABMiller in Belarus and Ukraine
	Asset Quality	Belarus no.2 branded	buyer	large plc	type	value estimate based on minority stake purchase	Size (€ mln)	30
	Sector	brewing	seller	entities & individuals	p/ebitda	n/a	p/s	n/a
7	Glenboden Category	alcohol beverages
	TITLE	Sapporo's US brand target could be 'Samuel Adams'
	Asset Quality	US no.1 craft brand	buyer	large plc	type	value estimate incl. net cash	Size (€ mln)	950
	Sector	brewing	seller	mid -cap plc	p/ebitda	16,8	p/s	2,9
8	Glenboden Category	bakery and grain-based
	TITLE	Will Ebro Puleva buy 'Uncle Ben's' ?
	Asset Quality	global leader branded	buyer	mid -cap plc	type	value estimate	Size (€ mln)	1.000
	Sector	grain -based	seller	large corporate	p/ebitda	n/a	p/s	1,0
9	Glenboden Category	soft beverages
	TITLE	How much would Pepsico have to pay for 'Tymbark' in Poland ?
	Asset Quality	Poland no.1 branded	buyer	large plc	type	value estimate	Size (€ mln)	500
	Sector	fruit drinks	seller	private corporate	p/ebitda	n/a	p/s	2,5
10	Glenboden Category	confectionary
	TITLE	How committed are Hershey and Nestle to Wedel ?
	Asset Quality	Poland no.1 branded	buyer	mid-sized plc	type	value estimate	Size (€ mln)	200
	Sector	chocolate tablets	seller	large plc	p/ebitda	n/a	p/s	2,0