M&A Deal Summary

Neste Chemicals Oy Acquires Agri Trading

On September 7, 2021, Neste Chemicals Oy acquired food company Agri Trading

Acquisition Highlights
  • This is Neste Chemicals Oy’s 1st transaction in the Food sector.
  • This is Neste Chemicals Oy’s 1st transaction in the United States.
  • This is Neste Chemicals Oy’s 1st transaction in Minnesota.

M&A Deal Summary

Date 2021-09-07
Target Agri Trading
Sector Food
Buyer(s) Neste Chemicals Oy
Deal Type Add-on Acquisition

Target

Agri Trading

Hutchinson, Minnesota, United States
website
Agri Trading is an independent renewable animal fat waste, used cooking oil, technical corn oil, and other vegetable oils throughout the lower 48 States, Canada, Mexico, and Europe. Agri Trading was founded in 1977 and is based in Hutchinson, Minnesota.

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Buyer(S) 1

Buyer

Neste Chemicals Oy

Espoo, Finland

website


Category Company
Sector Chemicals
DESCRIPTION

Neste Chemicals' businesses include adhesive resins, unsaturated polyesters and gelcoats, oxo intermediates, paper chemicals, and chemicals trading. The Neste Chemicals Group has approximately 40 production facilities in 18 countries in Europe, North America, and Asia. Its network of sales offices covers the most important market areas globally. In 1998, net sales were FIM 5.4 billion, operating profit was FIM 111 million, and the number of personnel was 2.500.


DEAL STATS #
Overall 1 of 1
Sector (Food) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1