Acquisition opportunity: Looking to acquire manufacturing/food processing plants producing coffee and tea extracts.

Manufacturing/food processing plants operating in India, manufacturing the following:

• Coffee- Instant and extracts
• Tea Extracts
• Pulp and concentrates
• Shrimp Processing
• Frozen Foods
• Aqua Feed
• Soya Protein
• Fried Chips

Other conditions: 

1. Minimum turnover – INR 50 Crores
2. Minimum EBITDA ~6%
3. Minimum ROCE (PAT+Depreciation/Deal size) ~15%
4. Non-stressed
5. Should have at least 2 AAA-rated clients
6. Export oriented preferable

Valuation Criteria (Average EBITDA Multiples)

• Pure commodities - 4.5x
• Processed foods - 6.5x