Modecor Italiana S.r.l.
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Modecor Italiana S.r.l. - overview
Established
1960
Location
-, Varese, Italy
Primary Industry
Food
About
Modecor Italiana S. r. l. is a manufacturer of specialized cake decorations and culinary products, providing innovative solutions for pastry chefs and gelato makers, enhancing the presentation of their creations with quality decorative items.
Modecor Italiana S. r. l. specializes in producing cake decorations and culinary products.
Founded in 1960 in Italy, the company has focused on innovation within its sector. In November 2017, Charterhouse Capital Partners, a portfolio company of Optima srl, acquired Modecor Italiana S. r. l.
The founder's background and history in the industry are not publicly available. Modecor Italiana S. r. l.
specializes in the production of cake decorations and culinary products, catering to both pastry chefs and gelato makers. Their core offerings include a wide range of decorative items such as chocolate decorations, edible colors, and personalized cake toppers, designed to enhance the visual appeal of baked goods. The products are recognized for their quality and creativity, enabling professionals in the baking and gelato industries to express their artistic visions. Modecor’s products are distributed across various European markets, serving an extensive clientele, including pastry shops, restaurants, and individual consumers seeking baking supplies.
The company emphasizes continuous innovation and product development to address emerging trends and consumer preferences. In the most recent year, 2023, Modecor Italiana generated revenue of USD 30. 69 mn and recorded an EBITDA of USD 3. 27 mn.
The revenue is primarily derived from direct sales available via their online platform and partnerships with retailers and wholesalers across Europe. Their transaction structure includes bulk orders from commercial clients and individual purchases from consumers, facilitating a diverse revenue stream that caters to both B2B and B2C segments. Their flagship products, CreamArt and GlazeArt, are specifically designed for cake decoration and have drawn attention in the market, alongside a pricing strategy tailored to different customer segments. Modecor Italiana S.
r. l. is strategizing for future growth through the development of new products aimed at enhancing their current offerings and catering to evolving market demands. The company is targeting expansion into new European markets, with specific regions identified for growth by the end of 2024.
Recent funding from the acquisition in November 2017 will be utilized to support these initiatives, with a focus on enhancing their product range and improving distribution channels.
Current Investors
Mec3
Primary Industry
Food
Sub Industries
Bakery Products
Website
www.modecor.it
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Modecor Italiana S.r.l. - financials
| Fiscal Year Ended | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 25,561,601 | 25,117,053 | 25,910,642 | 29,461,096 | 28,422,213 | 29,334,969 | 31,224,396 | 31,028,699 | 30,694,439 | 28,174,459 | 21,978,734 | 28,196,475 | - | - | - |
| % Revenue Growth (YoY) | - | (1.7%) | 3.2% | 13.7% | (3.5%) | 3.2% | 6.4% | (0.6%) | (1.1%) | (8.2%) | (22.0%) | 28.3% | - | - | - |
| EBITDA (USD) | 2,588,412 | 2,894,933 | 2,844,150 | 3,000,568 | 2,730,714 | 2,706,455 | 3,402,654 | 3,483,692 | 59,738 | 1,303,062 | (893,801) | 1,926,065 | - | - | - |
| Operating Income (USD) | 1,285,300 | 1,593,766 | 1,564,539 | 1,813,946 | 1,518,928 | 1,443,999 | 2,065,740 | 2,099,304 | (1,163,017) | 296,287 | (1,763,180) | 296,803 | - | - | - |
| Operating Margin | 5.0% | 6.3% | 6.0% | 6.2% | 5.3% | 4.9% | 6.6% | 6.8% | (3.8%) | 1.1% | (8.0%) | 1.1% | - | - | - |
| % EBITDA Margin | 10.1% | 11.5% | 11.0% | 10.2% | 9.6% | 9.2% | 10.9% | 11.2% | 0.2% | 4.6% | (4.1%) | 6.8% | - | - | - |
| NET Income (USD) | 179,965 | 195,397 | 364,807 | 554,518 | 581,736 | 976,859 | 1,069,581 | 1,176,360 | (1,746,888) | (38,475) | (1,789,016) | (162,857) | - | - | - |
| % Net Margin | 0.7% | 0.8% | 1.4% | 1.9% | 2.0% | 3.3% | 3.4% | 3.8% | (5.7%) | (0.1%) | (8.1%) | (0.6%) | - | - | - |
Modecor Italiana S.r.l. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Modecor Italiana S.r.l. | - |
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