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Northbridge Foods Limited

Food Processing · Lagos · XET-2026-0141 — mandate command centre for preparation, marketing, diligence and completion.

Under OfferDue DiligenceRisk · MediumAsk ₦2.40B–₦2.90BRevenue ₦1.84B · EBITDA ₦286MLead adviser Meridian M&A Partners
Readiness
94%
Verification
100%
Corporate, bank, ownership
Qualified buyers
2
1 pending access
Offers
3
Best ₦3.54B
Days in stage
18
Next: Complete financial workstream
Transaction timeline
Preparation
Complete
Verification
Complete
Adviser Review
Complete
Market Review
Complete
Buyer Engagement
Complete
NDA
Complete
Data Room
Complete
Offers
Complete
Negotiation
Complete
Due Diligence
Current
Approvals
Pending
Closing
Pending
Buyer engagement
Readiness dimensions
94%
Mandate readiness
Mandate facts
ReferenceXET-2026-0141
SectorFood Processing
LocationLagos
Employees412
Lead adviserMeridian M&A Partners
Next milestoneComplete financial workstream
Ask range₦2.40B – ₦2.90B
EBITDA multiple10.1x
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