Add-on Acquisition • Consumer Products

Cargill Acquires Floratech

On October 20, 2020, Cargill acquired consumer products company Floratech

Acquisition Context
  • This is Cargill’s 4th transaction in the Consumer Products sector.
  • This is Cargill’s 15th transaction in the United States.
  • This is Cargill’s 1st transaction in Arizona.

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M&A Deal Summary

Date October 20, 2020
Target Floratech
Sector Consumer Products
Buyer(s) Cargill
Deal Type Add-on Acquisition
Advisor(s) Rothschild Global Advisory (Financial)
Eversheds LLP (Legal)

Target Company

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.
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Buyer Overview 1

Buyer

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 Context for Buyer #
Overall 32 of 41
Sector: Consumer Products 4 of 4
Type: Add-on Acquisition 19 of 25
State: Arizona 1 of 1
Country: United States 15 of 19
Year: 2020 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-04 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.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-22 Bflike

Wageningen, Netherlands

Bflike is a producer of meat and fish alternatives categories. Bflike enables its partners to exceed consumer’s expectations in enriching their diet with the next responsible and affordable plant-based real meat and fish experience. Bflike is based in Wageningen, Netherlands.

Buy -