Marketplace · Belgium
Bakeries & artisan food businesses in Liège typically transact at 2.3x–3.6x EV/EBITDA, with a sector median of 2.9x in Belgium. Walloon economic capital.
Liège (population ~195,000, Liège Province) anchors bakeries & artisan food transactions at a 2.9x EV/EBITDA median, with most defensible deals landing between 2.3x (conservative) and 3.6x (strong recurring revenue). Walloon economic capital. Aerospace (Sonaca, FN Herstal supply chain), biotech and logistics SMEs are most active; cross-border buyer interest from Aachen and Maastricht corridors.
Upswitch is anonymity-by-design — new bakeries & artisan food dossiers in Liège surface here as soon as they pass advisor validation. Subscribe to the alert and we'll notify you within hours of the next listing going live.
Browse all listingsFor a bakeries & artisan food SME in Liège with normalised EBITDA above €200k, expect the headline price to anchor on a 2.9x EV/EBITDA multiple, with a working-capital peg, 5–15% escrow, and (in 35–45% of deals) an earn-out tied to year-one EBITDA or customer retention. Cross-border buyer interest from Dutch acquirers is consistently elevated.
Walloon economic capital. Aerospace (Sonaca, FN Herstal supply chain), biotech and logistics SMEs are most active; cross-border buyer interest from Aachen and Maastricht corridors. For bakeries & artisan food specifically, Liège's buyer pool typically includes regional family businesses, Benelux-wide strategic acquirers, and (for deals above ~€2m EV) PE-backed roll-up platforms.