M&A Deal Summary

Glencore Acquires Viterra

On December 17, 2012, Glencore acquired agriculture company Viterra for 7.5B CAD

Acquisition Highlights
  • This is Glencore’s 1st transaction in the Agriculture sector.
  • This is Glencore’s 0th largest (disclosed) transaction.
  • This is Glencore’s 1st transaction in Canada.
  • This is Glencore’s 1st transaction in Saskatchewan.

M&A Deal Summary

Date 2012-12-17
Target Viterra
Sector Agriculture
Buyer(s) Glencore
Deal Type Add-on Acquisition
Deal Value 7.5B CAD
Advisor(s) Canaccord Genuity Corp. (Financial)

Target

Viterra

Regina, Saskatchewan, Canada
website
Viterra, Inc. is a grain and oil seeds marketer and handler. Viterra handles wheat, durum, barley, canola oils, and pulses.

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Buyer(S) 1

Buyer

Glencore

Baar, Switzerland

website


Category Company
Founded 1974
SectorMetals/Mining
Employees160,000
Revenue 215.1B USD (2019)
DESCRIPTION

Glencore is a supplier of physical commodities including energy (oil and coal), base metals, soft commodities and agriculture to industrial consumers. These commodities originate from Glencore's directly or indirectly owned production assets, or are secured by Glencore from third parties. Glencore also provides financing, logistics and other supply chain services to producers and consumers of commodities. Glencore is headquartered in Baar, Switzerland, and has marketing and industrial operations in over 40 countries. Glencore was founded in 1974 and is based in Baar, Switzerland.


DEAL STATS #
Overall 5 of 8
Sector (Agriculture) 1 of 1
Type (Add-on Acquisition) 4 of 5
State (Saskatchewan) 1 of 1
Country (Canada) 1 of 2
Year (2012) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-11 Kazzinc

Kazakhstan

Kazzinc is a fully integrated zinc producer with significant copper, precious metals and lead resources in Kazakhstan. Kazzinc owns three major polymetallic facilities, Zyrianovsk, Ridder and Ust-Kamenogorsk, as well as a gold mining operation, Vasilkovskoye in Kokshetau, which is the largest gold mining and processing operation in Kazakhstan.

Buy $400M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-02 Xstrata

London, United Kingdom

Xstrata plc will grow and manage a diversified portfolio of metals and mining businesses with the single aim of delivering industry-leading returns for our shareholders.

Buy -