M&A Deal Summary

Alico Acquires 734 Citrus Holdings

On December 2, 2014, Alico acquired food company 734 Citrus Holdings for 363M USD

Acquisition Highlights
  • This is Alico’s 1st transaction in the Food sector.
  • This is Alico’s largest (disclosed) transaction.
  • This is Alico’s 1st transaction in the United States.
  • This is Alico’s 1st transaction in Florida.

M&A Deal Summary
Date 2014-12-02
Target 734 Citrus Holdings
Sector Food
Buyer(s) Alico
Deal Type Add-on Acquisition
Deal Value 363M USD

Target

734 Citrus Holdings

Frostproof, Florida, United States
website
734 Citrus Holdings LLC (Silver Nip Citrus) is a orange producers in Florida and has remained in the top quartile of productivity for decades.

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Buyer(S) 1

Buyer

Alico

Fort Myers, Florida, United States

website

Category Company
Founded 1960
Sector Agriculture
Employees206
Revenue 92M USD (2022)
DESCRIPTION

Alico is an American agribusiness and land management company built for today's world and known for its legacy of achievement and innovation in citrus, sugar, cattle and resource conservation. Alico owns approximately 130,800 acres of land in five Florida counties (Alachua, Collier, Glades, Hendry, Lee and Polk). Its principal lines of business are citrus groves, improved farmland including sugar cane, cattle ranching and conservation, and other operations which include rock mining. Alico's mission is to create value for its customers, clients and shareholders by managing existing lands to their optimal current income and total returns, opportunistically acquiring new agricultural assets and producing high quality agricultural products while exercising responsible environmental stewardship. Alico was incorporated in 1960 and is based in Fort Myers, Florida.

DEAL STATS #
Overall 1 of 4
Sector (Food) 1 of 2
Type (Add-on Acquisition) 1 of 4
State (Florida) 1 of 3
Country (United States) 1 of 4
Year (2014) 1 of 4
Size (of disclosed) 1 of 4
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-03 Orange-

Arcadia, Florida, United States

Orange-Co. LP produces and markets citrus fruits in Florida. The Orange-Co assets include approximately 20,263 acres, which comprises one of the largest contiguous citrus grove properties in the state of Florida.

Buy $274M
Mergr

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