M&A Deal Summary

Cargill Acquires Fugeia NV

On February 28, 2013, Cargill acquired food company Fugeia NV

Acquisition Highlights
  • This is Cargill’s 7th transaction in the Food sector.
  • This is Cargill’s 1st transaction in Belgium.

M&A Deal Summary

Date 2013-02-28
Target Fugeia NV
Sector Food
Buyer(s) Cargill
Deal Type Add-on Acquisition
Advisor(s) McQueen (Financial)

Target

Fugeia NV

Heverlee, Belgium
Fugeia NV develops ingredients and nutrition technologies.

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Buyer(S) 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 STATS #
Overall 13 of 41
Sector: Food M&A 7 of 18
Type: Add-on Acquisition M&A Deals 8 of 25
Country: Belgium M&A 1 of 3
Year: 2013 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-26 Cargill - Cultures and Enzymes Business

United States

The cultures and enzymes business of Cargill is a global manufacturer of cultures and enzymes for the dairy and meat industries with manufacturing operations in Wisconsin (USA) and France.

Sell €85M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-05 Joe White Maltings Pty

Adelaide, Australia

Joe White Maltings Pty Ltd. engages in the production and supplier of malt and related products to the food and beverage industry in Australia and overseas.

Buy -