1 to 16

Name Sector Revenue
$mlns  
M&A Activity Last 5 Years
Total Buy Sell
UnitedHealth
NYSE : UNH
Minnetonka, Minnesota, United States website
Healthcare Services 371,622 18 16 2
Cargill
Private
Wayzata, Minnesota, United States website
Agriculture 136,645 62 40 22
Target
NYSE : TGT
Minneapolis, Minnesota, United States website
Retail 109,120 14 9 5
Best Buy
NYSE : BBY
Richfield, Minnesota, United States website
Retail 46,298 16 12 4
CHS
NASDAQ : CHSCO
Inver Grove Heights, Minnesota, United States website
Agriculture 32,683 9 9 -
3M
NYSE : MMM
St. Paul, Minnesota, United States website
Diversified 32,681 100 81 19
US Bank
NYSE : USB
Minneapolis, Minnesota, United States website
Financial Services 28,013 13 11 2
General Mills
NYSE : GIS
Minneapolis, Minnesota, United States website
Food 20,094 30 21 9
C.H. Robinson Worldwide
NASDAQ : CHRW
Eden Prairie, Minnesota, United States website
Transportation 17,596 26 24 2
Ameriprise Financial
NYSE : AMP
Minneapolis, Minnesota, United States website
Financial Services 15,535 7 6 1
Ecolab
NYSE : ECL
St. Paul, Minnesota, United States website
Environmental 15,320 63 53 10
Xcel Energy
NASDAQ : XEL
Minneapolis, Minnesota, United States website
Utilities 14,206 7 4 3
SUPERVALU, Inc.
Acquired
Eden Prairie, Minnesota, United States website
Retail 14,000 19 11 8
Hormel Foods
NYSE : HRL
Austin, Minnesota, United States website
Food 12,110 21 17 4
Polaris
NYSE : PII
Medina, Minnesota, United States website
Automotive 8,934 21 19 2
Fastenal
NASDAQ : FAST
Winona, Minnesota, United States website
Machinery 7,347 6 6 -

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