M&A Deal Summary

Boortmalt Acquires Cargill - Malt Business

On November 4, 2019, Boortmalt acquired food company Cargill - Malt Business from Cargill

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

M&A Deal Summary

Date 2019-11-04
Target Cargill - Malt Business
Sector Food
Buyer(s) Boortmalt
Sellers(s) Cargill
Deal Type Divestiture

Target

Cargill - Malt Business

Wayzata, Minnesota, United States
Cargill, Inc's Malt Business serves the brewing, food, and beverage industries by originating and transforming malting barley into malt.

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Buyer(S) 1

Buyer

Boortmalt

Antwerp, Belgium

Category Company
Founded 1989
Sector Beverages
DESCRIPTION

Boortmalt produces high-quality malts to meet the specific demands of brewers and distillers worldwide. The company utilizes modern production techniques and efficient logistics to serve international markets in a cost-effective manner. Boortmalt was founded in 1989 and is based in Antwerp, Belgium.


DEAL STATS #
Overall 4 of 4
Sector: Food M&A 2 of 2
Type: Divestiture M&A Deals 4 of 4
State: Minnesota M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-02-11 Pauls Malt

Bury St Edmunds, United Kingdom

Pauls Malt Ltd. produces and supplies malt products to breweries and distilleries. The company was incorporated in 1906 and is based in Bury St Edmunds, United Kingdom.

Buy -

Seller(S) 1

SELLER

Cargill

Wayzata, Minnesota, United States

Category Company
Founded 1865
Sector Agriculture
Employees142,000
Revenue 136.6B USD (2012)
DESCRIPTION
Cargill's corporate headquarters in Wayzata, Minnesota.
Cargill's corporate headquarters in Wayzata, Minnesota.

Cargill is a global company involved in the food, agriculture, financial, and industrial sectors. Its operations include the trading, processing, and distribution of agricultural commodities; production of meat, poultry, and other food products for both retail and foodservice markets; and the provision of essential industrial products like salt and bio-industrial materials. Cargill was formed in 1865 and is based in Wayzata, Minnesota.


DEAL STATS #
Overall 20 of 22
Sector: Food M&A 7 of 7
Type: Divestiture M&A Deals 16 of 18
State: Minnesota M&A 3 of 4
Country: United States M&A 13 of 15
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-04 GrainBridge

Omaha, Nebraska, United States

GrainBridge delivers unique, world-class, software solutions to the agriculture industry that allow the farmer-rancher-feeder to maximize efficiencies, productivity, and profitability for their respective business. GrainBridge is based in Omaha, Nebraska.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-20 Floratech

Chandler, Arizona, United States

International Flora Technologies Ltd. provides innovative botanical ingredients to formulators of stable, functional and quality cosmetic and personal care products. International Flora Technologies is based in Chandler, Arizona.

Buy -