M&A Deal Summary

Cargill Acquires Leman Decoration Group

On May 5, 2021, Cargill acquired food company Leman Decoration Group

Acquisition Highlights
  • This is Cargill’s 14th transaction in the Food sector.
  • This is Cargill’s 3rd transaction in Belgium.

M&A Deal Summary

Date 2021-05-05
Target Leman Decoration Group
Sector Food
Buyer(s) Cargill
Deal Type Add-on Acquisition

Target

Leman Decoration Group

Moeskroen, Belgium
Leman Decoration Group is a provider of cake decorations across the bakery sector, including the artisanal, small industrial and home-baking segments, and foodservice. Leman Decoration Group is based in Moeskroen, Belgium.

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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 34 of 41
Sector: Food M&A 14 of 18
Type: Add-on Acquisition M&A Deals 21 of 25
Country: Belgium M&A 3 of 3
Year: 2021 M&A 2 of 7
PREVIOUS 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.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-15 AnimalBiome

Oakland, California, United States

AnimalBiome advances pet health through gut and oral microbiome research and products, and is creating a new category within the growing, $14 billion pet food, supplement, and veterinary care market. The company was founded by scientists passionate about pets, and use science to improve animal health. It markets and sells a spectrum of products addressing digestive, skin, and oral health, from testing to targeted microbiome supplements to restore and maintain pet gut health. AnimalBiome was formed in 2016 and is based in Oakland, California.

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