M&A Deal Summary

Ingredion Acquires SPI Polyols

On February 12, 2007, Ingredion acquired food company SPI Polyols

Acquisition Highlights
  • This is Ingredion’s 2nd transaction in the Food sector.
  • This is Ingredion’s 2nd transaction in the United States.
  • This is Ingredion’s 1st transaction in Delaware.

M&A Deal Summary

Date 2007-02-12
Target SPI Polyols
Sector Food
Buyer(s) Ingredion
Deal Type Add-on Acquisition

Target

SPI Polyols

Wilmington, Delaware, United States
SPI Polyols, Inc. is a producer of polyols - starch derivatives used in food, pharmaceuticals and oral care products.

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Buyer(S) 1

Buyer

Ingredion

Westchester, Illinois, United States

website


Category Company
Founded 1906
Sector Food
Employees12,000
Revenue 6.9B USD (2021)
DESCRIPTION
Entrance to Ingredion's corporate headquarters in Westchester, Illinois.
Entrance to Ingredion's corporate headquarters in Westchester, Illinois.

Ingredion is a global ingredient solutions provider to the food, beverage, brewing and pharmaceutical industries as well as numerous industrial sectors. Ingredion was founded in 1906 and is based in Westchester, Illinois.


DEAL STATS #
Overall 3 of 11
Sector (Food) 2 of 9
Type (Add-on Acquisition) 3 of 9
State (Delaware) 1 of 1
Country (United States) 2 of 6
Year (2007) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-12 GETEC Guanabara Quimica Industrial S.A.

Sao Goncalo, Brazil

GETEC Guanabara Quimica Industrial S.A. is a producer of polyols, including liquid sorbitol and mannitol, and anhydrous dextrose, for the personal care, food, candy and confectionary, and pharmaceutical markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-06-21 National Starch

United Kingdom

National Starch is a recognized innovator in food ingredients and specialty starches. The company sells specialty starches to both local and multinational customers in the food, papermaking, consumer and industrial markets. It has 2,250 employees around the world and operates 11 plants in eight countries.

Buy $1.3B