M&A Deal Summary

FoodChain ID Acquires Lexagri

On November 7, 2022, FoodChain ID acquired information services company Lexagri

Acquisition Highlights
  • This is FoodChain ID’s 1st transaction in the Information Services sector.
  • This is FoodChain ID’s 2nd transaction in France.

M&A Deal Summary
Date 2022-11-07
Target Lexagri
Sector Information Services
Buyer(s) FoodChain ID
Deal Type Add-on Acquisition
Advisor(s) Carlsquare (Financial)

Target

Lexagri

St Julien en Genevois, France
Lexagri is a publisher of regulatory databases on agricultural inputs. Lexagri targets the agro-supply sector and distributes its services to more than 300 companies, representing a potential of more than 300,000 users. Lexagri is based in St Julien en Genevois, France.

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Buyer(S) 1

Buyer

FoodChain ID

Fairfield, Iowa, United States
Category Company
Founded 1996
Sector Test/Measurement Equipment
DESCRIPTION

FoodChain ID is a provider of analytic testing, third-party certification, and consulting services to the agriculture and food industries. The company’s products are used for the testing of food and agricultural products to detect genetically modified organisms (GMOs) and to ensure compliance with national and international government regulations, client and trading partner demands, and consumer information needs. FoodChain ID was founded in 1996 and is based in Fairfield, Iowa.

DEAL STATS #
Overall 7 of 7
Sector (Information Services) 1 of 1
Type (Add-on Acquisition) 7 of 7
Country (France) 2 of 2
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-17 Cosmocert

Athens, Greece

Cosmocert is an organic certification and inspection company in Greece providing internationally and regionally recognized certification standards. Cosmocert was founded in 2013 and is based in Athens, Greece.

Buy -
Mergr

Product

Company

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