Ingredion - M&A Summary and Business Overview

FoodCompany

Ingredion M&A Summary

Ingredion has acquired 11 companies, including 1 in the last 5 years. A total of 1 acquisition came from private equity firms.

Ingredion’s largest acquisition to date was in 2010, when it acquired National Starch for $1.3B. Ingredion has acquired in 6 different US states, and 6 countries. The Company’s most targeted sectors include food (82%) and beverages (10%).

Ingredion Business Overview

Where is Ingredion headquartered?

Ingredion is headquartered in Westchester, Illinois.

What is Ingredion’s revenue?

Ingredion disclosed revenue of 7,946M USD for 2022 and 6,894M USD for 2021.

How many employees does Ingredion have?

Ingredion has 11,700 employees.

What sector is Ingredion in?

Ingredion is a food company.

When was Ingredion founded?

Ingredion was founded in 1906.

M&A Summary

  • M&A Total Activity11
    • M&A Buy Activity11
  • Total Sectors Invested 3
  • Total Countries Invested 6
  • M&A Buy/Sell Connections 3
  • M&A Advisors 2

Ingredion

Ingredion, Inc.

5 Westbrook Corporate Center,
Westchester, Illinois 60154
United States,
(708) 551-2600
www.ingredion.com

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.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 10 1 - - - - 11
vol $2.1B $2.1B
Sell (0.0/yr) # - - - - - - 0
  11

Most Recent M&A

Company Date Value Type
PureCircle Ltd. 2020-04-09 - Add-on Acquisition
Chicago, Illinois · www.purecircle.com
Verdient Foods, Inc. 2018-01-01 - Add-on Acquisition
Vanscoy, Saskatchewan · www.verdientfoodsinc.com
TIC Gums, Inc. 2016-12-20 400M USD Add-on Acquisition
White Marsh, Maryland · www.ticgums.com
Sun Flour - Rice Starch & Rice Flour Business 2016-08-17 - Divestiture
, Thailand
Shandong Huanong Specialty Corn Development Co. Ltd. 2016-02-04 - Add-on Acquisition
Pingyuan, China
Kerr Concentrates, Inc. 2015-07-08 100M USD Add-on Acquisition
Salem, Oregon · www.kerrconcentrates.com
Penford Corp. 2014-10-15 340M USD Add-on Acquisition
Centennial, Colorado · www.penx.com
National Starch 2010-06-21 1.3B USD Divestiture
, United Kingdom
GETEC Guanabara Quimica Industrial S.A. 2007-02-12 - Add-on Acquisition
Sao Goncalo, Brazil
SPI Polyols, Inc. 2007-02-12 - Add-on Acquisition
Wilmington, Delaware
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Food 9 (82%) 2.0B (95%) - -
Beverages 1 (9%) 100M (5%) - -
Chemicals 1 (9%) - - -
Total 11 $2.1B - -

By Geo

State/Country Buy Value Sell Value
United States 6 840M - -
  Oregon 1 100M - -
  New York 1 - - -
  Maryland 1 400M - -
  Illinois 1 - - -
  Delaware 1 - - -
  Colorado 1 340M - -
Brazil 1 - - -
Canada 1 - - -
  Saskatchewan 1 - - -
China 1 - - -
Thailand 1 - - -
United Kingdom 1 1.3B - -
Domestic 6 (55%) 840M (39%) - -
Cross-border 5 (45%) 1.3B (61%) - -
Total 11 $2.1B - -

Top M&A Advisors

Financial Deals
J.P. Morgan Securities
2
Legal Deals
Sidley
1

Deal Values

buy # Total
> $1B 1 $1.3B
$100M to $1B 2 $740M
< $100M 1 $100M
TOTAL $2.1B
Largest National Starch
$1.3B (2010-06-21)

M&A Connections

Deals
Acquired from
Investor(s)
9%
1 (9%)
Strategic(s)
18%
2 (18%)

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