M&A Deal Summary

Corbion Acquires TerraVia Holdings

On September 29, 2017, Corbion acquired food company TerraVia Holdings for 20M USD

Acquisition Highlights
  • This is Corbion’s 1st transaction in the Food sector.
  • This is Corbion’s 2nd largest (disclosed) transaction.
  • This is Corbion’s 2nd transaction in the United States.
  • This is Corbion’s 1st transaction in California.

M&A Deal Summary
Date 2017-09-29
Target TerraVia Holdings
Sector Food
Buyer(s) Corbion
Deal Type Add-on Acquisition
Deal Value 20M USD

Target

TerraVia Holdings

South San Francisco, California, United States
TerraVia is a next-generation food, nutrition and specialty ingredients company that harnesses the power of algae, the mother of all plants and earth's original superfood. With a portfolio of breakthrough ingredients and manufacturing, the Company is well positioned to help meet the growing need of consumer packaged goods and established and emerging food manufacturers to improve the nutritional profile of foods without sacrificing taste, and to develop select consumer brands. The Company also manufacturers a range of specialty personal care ingredients for key strategic partners. Headquartered in South San Francisco, the Company's mission is to create products that are truly better for people and better for the planet.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Corbion

Amsterdam, Netherlands
Category Company
Founded 1919
Sector Food
Employees2,727
Revenue 1.4B EUR (2023)
DESCRIPTION

Corbion is engaged in the production and supply of biobased food ingredients and biochemicals. The Company delivers biobased products made from renewable resources and applied in global markets like bakery, meat, culinary, pharma, home and personal care, and resins. Corbion was founded in 1919 and is based in Amsterdam, the Netherlands.

DEAL STATS #
Overall 2 of 4
Sector (Food) 1 of 3
Type (Add-on Acquisition) 1 of 3
State (California) 1 of 1
Country (United States) 2 of 2
Year (2017) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-10 Archer Daniels Midland - Lactic Acid Business

United States

Lactic Acid is produced as a clear syrup like liquid from the fermentation of dextrose. Lactic Acid is widely used as an acidulant in foods and beverages that require an edible non-volatile acid.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-25 Granotec do Brasil S.A.

Araucária, Brazil

Granotec do Brasil S.A. is a specialist in functional blends for the Brazilian bakery industry. Granotec is a platform of a technological application into biotechnology and nutrition, supplying ingredients as well as services, such as laboratory analysis, equipment sales, and its technical assistance and professional qualification.

Buy $45M
Mergr

Product

Company

Legal