Essec\Faculty\Model\Contribution {#6196
  #_index: "academ_contributions"
  #_id: "5217"
  #_source: array:26 [
    "id" => "5217"
    "slug" => "valuation-of-target-firms-acquired-in-the-food-sector-during-the-1996-2001-wave"
    "yearMonth" => "2003-06"
    "year" => "2003"
    "title" => "Valuation of Target Firms Acquired in the Food Sector During the 1996-2001 Wave"
    "description" => "DECLERCK, F. (2003). Valuation of Target Firms Acquired in the Food Sector During the 1996-2001 Wave. Dans: <i>Proceedings of the International Food and Agribusiness Management Association - IAMA World Food and Agribusiness Symposium</i>. IAMA."
    "authors" => array:1 [
      0 => array:3 [
        "name" => "DECLERCK Francis"
        "bid" => "B00000143"
        "slug" => "declerck-francis"
      ]
    ]
    "ouvrage" => "Proceedings of the International Food and Agribusiness Management Association - IAMA World Food and Agribusiness Symposium"
    "keywords" => []
    "updatedAt" => "2021-04-19 17:57:25"
    "publicationUrl" => null
    "publicationInfo" => array:3 [
      "pages" => null
      "volume" => null
      "number" => null
    ]
    "type" => array:2 [
      "fr" => "Actes d'une conférence"
      "en" => "Conference Proceedings"
    ]
    "support_type" => array:2 [
      "fr" => "Editeur"
      "en" => "Publisher"
    ]
    "countries" => array:2 [
      "fr" => null
      "en" => null
    ]
    "abstract" => array:2 [
      "fr" => "Site internet. Sur la période 1996-2001, les opérations de fusions & acquisitions concernant les entreprises agro-alimentaires françaises, soit en tant que repreneur, soit en tant que cible, sont analysées d'un point de vue financier par la méthode des multiples de marché.  La valorisation moyenne des entreprises du secteur agroalimentaire est de 1,1 à 1,4 fois leur chiffre d'affaires. Cependant, des disparités importantes sont à noter selon le secteur. Ainsi, les entreprises du secteur des " vins et spiritueux " sont valorisées 2 fois leur chiffre d'affaires et celles du  secteur de " la grande distribution " sont valorisées seulement 0,5 fois leur chiffre d'affaires. L'internationalisation des opérations n'a aucune influence significative sur la valorisation des sociétés."
      "en" => "The paper studies valuation ratios of food companies that were part of mergers & acquisitions (M&A) involving at least one French company during the 1996 - 2001 period. Results converge to value food company 1.1 to 1.4 times its turnover.  There is no significant difference of "valuation to turnover" ratios among M&A involving only French firms and M&A involving companies from different countries. Corporate valuation may differ according to food sub-sector:"
    ]
    "authors_fields" => array:2 [
      "fr" => "Finance"
      "en" => "Finance"
    ]
    "indexedAt" => "2024-04-20T02:21:47.000Z"
    "docTitle" => "Valuation of Target Firms Acquired in the Food Sector During the 1996-2001 Wave"
    "docSurtitle" => "Actes d'une conférence"
    "authorNames" => "<a href="/cv/declerck-francis">DECLERCK Francis</a>"
    "docDescription" => "<span class="document-property-authors">DECLERCK Francis</span><br><span class="document-property-authors_fields">Finance</span> | <span class="document-property-year">2003</span>"
    "keywordList" => ""
    "docPreview" => "<b>Valuation of Target Firms Acquired in the Food Sector During the 1996-2001 Wave</b><br><span>2003-06 | Actes d'une conférence </span>"
    "docType" => "research"
    "publicationLink" => "<a href="#" target="_blank">Valuation of Target Firms Acquired in the Food Sector During the 1996-2001 Wave</a>"
  ]
  +lang: "fr"
  +"_type": "_doc"
  +"_score": 8.7467165
  +"parent": null
}