M&A Deal Summary

Cargill Acquires NatureWax

On April 19, 2016, Cargill acquired consumer products company NatureWax from Elevance

Acquisition Highlights
  • This is Cargill’s 3rd transaction in the Consumer Products sector.
  • This is Cargill’s 10th transaction in the United States.
  • This is Cargill’s 2nd transaction in Illinois.

M&A Deal Summary

Date 2016-04-19
Target NatureWax
Sector Consumer Products
Buyer(s) Cargill
Sellers(s) Elevance
Deal Type Divestiture

Target

NatureWax

Woodridge, Illinois, United States
NatureWax is a provider of natural, vegetable-based waxes.

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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 23 of 41
Sector: Consumer Products M&A 3 of 4
Type: Divestiture M&A Deals 9 of 12
State: Illinois M&A 2 of 2
Country: United States M&A 10 of 19
Year: 2016 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-01 Bioro

Gent, Belgium

Bioro is a Biodiesel Refinery with JJ Lurgi technology to produce up to 400,000 metric tonnes per year of Fatty Acid Methyl Esters (known as FAME) to meet the high quality biodiesel needs of over 20 customers across Europe. FAME is the generic chemical term for biodiesel derived from renewable sources, and it is used to extend or replace mineral diesels and gas oils used to fuel on and off-road vehicles and static engines. Bioro was founded in 2005 and is based in Gent, Belgium.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-03 Cargill - Dressings Sauces Mayonnaise Business

United States

Cargill, Inc. - Dressings, Sauces, Mayonnaise Business is a provider of food related products and services in dressings, sauces and mayonnaise categories.

Sell -

Seller(S) 1

SELLER

Elevance

Pearland, Texas, United States

Category Company
Founded 2007
Sector Chemicals
DESCRIPTION

Elevance produces novel, high-performing specialty chemicals from plant oils using a proprietary, Nobel Prize-winning metathesis catalyst technology. Elevance is the first and only company to have commercialized natural oil metathesis technology at scale. Elevance was founded in 2007 and is based in Pearland, Texas.


DEAL STATS #
Overall 1 of 1
Sector: Consumer Products M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-11-01 NatureWax

Woodridge, Illinois, United States

NatureWax is a provider of natural, vegetable-based waxes.

Buy -