Add-on Acquisition • Chemicals

Ingredion Acquires GETEC Guanabara Quimica Industrial S.A.

On February 12, 2007, Ingredion acquired chemicals company GETEC Guanabara Quimica Industrial S.A.

Acquisition Context
  • This is Ingredion’s 1st transaction in the Chemicals sector.
  • This is Ingredion’s 1st transaction in Brazil.

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M&A Deal Summary

Date February 12, 2007
Target GETEC Guanabara Quimica Industrial S.A.
Sector Chemicals
Buyer(s) Ingredion
Deal Type Add-on Acquisition

Target Company

GETEC Guanabara Quimica Industrial S.A.

Sao Goncalo, Brazil
GETEC Guanabara Quimica Industrial S.A. is a producer of polyols, including liquid sorbitol and mannitol, and anhydrous dextrose, for the personal care, food, candy and confectionary, and pharmaceutical markets.
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Buyer Overview 1

Buyer

Ingredion

Westchester, Illinois, United States

Category Company
Founded 1906
Sector Food
Employees11,200
Revenue 7.4B USD (2024)
DESCRIPTION
Entrance to Ingredion's corporate headquarters in Westchester, Illinois.
Entrance to Ingredion's corporate headquarters in Westchester, Illinois.

Ingredion is a global ingredient solutions provider to the food, beverage, brewing and pharmaceutical industries as well as numerous industrial sectors. Ingredion was founded in 1906 and is based in Westchester, Illinois.


Deal Context for Buyer #
Overall 3 of 11
Sector: Chemicals 1 of 1
Type: Add-on Acquisition 3 of 9
Country: Brazil 1 of 1
Year: 2007 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-12 SPI Polyols

Wilmington, Delaware, United States

SPI Polyols, Inc. is a producer of polyols - starch derivatives used in food, pharmaceuticals and oral care products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-06-21 National Starch

United Kingdom

National Starch is a recognized innovator in food ingredients and specialty starches. The company sells specialty starches to both local and multinational customers in the food, papermaking, consumer and industrial markets. It has 2,250 employees around the world and operates 11 plants in eight countries.

Buy $1.3B

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