M&A Deal Summary

Cargill Acquires OPX Biotechnologies

On April 28, 2015, Cargill acquired chemicals company OPX Biotechnologies from US Renewables Group

Acquisition Highlights
  • This is Cargill’s 1st transaction in the Chemicals sector.
  • This is Cargill’s 7th transaction in the United States.
  • This is Cargill’s 1st transaction in Colorado.

M&A Deal Summary
Date 2015-04-28
Target OPX Biotechnologies
Sector Chemicals
Buyer(s) Cargill
Sellers(s) US Renewables Group
Deal Type Add-on Acquisition

Target

OPX Biotechnologies

Boulder, Colorado, United States
OPX Biotechnologies, Inc. was a manufacturer and supplier of renewable bio-based chemicals and fuels.

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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 17 of 41
Sector (Chemicals) 1 of 4
Type (Add-on Acquisition) 9 of 25
State (Colorado) 1 of 1
Country (United States) 7 of 19
Year (2015) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-29 The Mosaic Company - Hersey Salt Business

United States

The Hersey salt business is a salt facility primarily producing water softener salt and salt products used in agriculture.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-01 Cargill - US Pork Business

United States

Cargill's pork business is comprised of two meat processing plants, five feed mills, and four hog farms in Arkansas, Oklahoma and Texas.

Sell $1.5B

Seller(S) 1

SELLER

US Renewables Group

Category Private Equity Firm
Founded 2003
PE ASSETS 750M USD
Size Middle-Market
Type Sector Focused
DESCRIPTION

US Renewables Group (USRG) is an investment firm focused exclusively on the renewable energy industry. USRG looks to commit $30 to $70 million in a variety of projects in the renewable power, biofuels, and renewable infrastructure sectors. USRG was formed in 2003 and is based in Santa Monica, California.

DEAL STATS #
Overall 6 of 6
Sector (Chemicals) 1 of 1
Type (Add-on Acquisition) 4 of 4
State (Colorado) 1 of 1
Country (United States) 6 of 6
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-14 Niagara Generation

Niagara Falls, New York, United States

Niagara Generation LLC is involved operating coal and tire-derived fuel (TDF) fired power plant.

Sell -
Mergr

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