Late additionCarve-out
Jotunfjell Partners acquires Eisunion
SourcingClub was not involved in this transaction.
The Nic Group sells Eisunion GmbH to the Norwegian investor Jotunfjell Partners. Eisunion supplies ice cream parlours and cafés with over 5,000 items, and the management continues.
In context
FalkenSteg is named as adviser on 2 deals on the Deal-Radar.
Deal-Radar editorial team · responsible: Nick Herbig
late addition, source dated 02 Sept 2026: falkensteg.com
How the deal fits together.
- Nic Group (Orkla Food Ingredients)Seller
- EisunionTarget
Buyer: Jotunfjell Partners
Who was involved.
- Buyer
- Jotunfjell Partners
- Target
- Eisunion, Feucht
- Seller
- Nic Group (Orkla Food Ingredients)
- Type
- Carve-out
- Sector
- Retail and consumer goods
- Country
Germany
- Source dated
- 02/09/2026
- Sell-side
- FalkenStegaccording to the source
- Other
- Larkaccording to the source
- Source
- falkensteg.com
Deal-Radar no. 46-167 · added in Week 46/2026, first reported on 02/09/2026 · publicly reported, no guarantee · SourcingClub was not involved in this transaction. Report an error · Sources and limits
We report publicly announced information and link the source; we accept no liability for its accuracy. No offer and no investment, legal or tax advice. The operators of linked pages are responsible for their content. We correct errors as soon as we learn of them. The context is based only on deals recorded in the Deal-Radar and is not complete.
Valuation in this industry.
3.4 to 6.8times EBITDA
- 3.4x to 4.8xRevenue under €5m
- 4.4x to 5.5x€5m to €50m
- 5.1x to 6.8xover €50m
Market range for Bricks-and-Mortar Wholesale & Retail, not the price of this deal. Data basis: DUB KMU-Multiples, Q3/2026; preparation: SourcingClub.
Multiples by size class for Bricks-and-Mortar Wholesale & Retail 26 deals in this industry on the radar
September 2026 on the Deal-Radar.
17 of 121 deals were of the type Carve-out.
- Strategic50
- Carve-out17
- Add-on15
- Buy-out11
- Insolvency10
- Minority stake6
- Succession5
- Funding round4
- Merger2
- Secondary1
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