M&A Deal Summary

Andersons Acquires Lansing Trade Group

On October 15, 2018, Andersons acquired agriculture company Lansing Trade Group for 305M USD

Acquisition Highlights
  • This is Andersons’ 2nd transaction in the Agriculture sector.
  • This is Andersons’ largest (disclosed) transaction.
  • This is Andersons’ 4th transaction in the United States.
  • This is Andersons’ 1st transaction in Kansas.

M&A Deal Summary

Date 2018-10-15
Target Lansing Trade Group
Sector Agriculture
Buyer(s) Andersons
Deal Type Add-on Acquisition
Deal Value 305M USD
Advisor(s) Citi (Financial)
Husch Blackwell (Legal)

Target

Lansing Trade Group

Overland Park, Kansas, United States
Lansing Trade Group LLC is focused on the movement of physical commodities including grains, feed ingredients, energy products, and freight within North America and internationally. Presently based in Overland Park, Kansas, it employs approximately 550 associates in more than 20 facilities across the U.S. and Canada and a dozen other offices, including in London and Singapore. It owns approximately 55 million bushels of grain storage space and traded more than 1 billion bushels of grain in 2017.

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Buyer(S) 1

Buyer

Andersons

Maumee, Ohio, United States

Category Company
Founded 1947
Sector Agriculture
Employees2,259
Revenue 14.8B USD (2023)
DESCRIPTION
Entrance to The Andersons' corporate headquarters in Maumee, Ohio.
Entrance to The Andersons' corporate headquarters in Maumee, Ohio.

Andersons is a diversified agriculture company. The Andersons serves customers across North America in the grain, ethanol, and plant nutrient sectors, as well as railcar leasing, turf and cob products, and consumer retailing. Andersons was founded 1947 and is based in Maumee, Ohio.


DEAL STATS #
Overall 5 of 6
Sector (Agriculture) 2 of 2
Type (Add-on Acquisition) 4 of 5
State (Kansas) 1 of 2
Country (United States) 4 of 5
Year (2018) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-17 The Andersons - FFIII™ Fungicide Product Line

Maumee, Ohio, United States

The Andersons, Inc. - FFIII™ Fungicide Product Line contains three highly effective active ingredients which work together to provide long lasting turf disease protection.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-16 The Andersons - Rail Leasing Business

Maumee, Ohio, United States

The Andersons' Rail Leasing Business provides customers a leasing fleet of approximately 60,000 railcars across a diverse offering of car-types, equipment life-cycles, commodities, and industries-serviced.

Sell $550M