Add-on Acquisition • Food

Neste Chemicals Oy Acquires Agri Trading

On September 7, 2021, Neste Chemicals Oy acquired food company Agri Trading

Acquisition Context
  • This is Neste Chemicals Oy’s 1st transaction in the Food sector.
  • This is Neste Chemicals Oy’s 1st transaction in the United States.
  • This is Neste Chemicals Oy’s 1st transaction in Minnesota.

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M&A Deal Summary

Date September 7, 2021
Target Agri Trading
Sector Food
Buyer(s) Neste Chemicals Oy
Deal Type Add-on Acquisition

Target Company

Agri Trading

Hutchinson, Minnesota, United States
Agri Trading is an independent renewable animal fat waste, used cooking oil, technical corn oil, and other vegetable oils throughout the lower 48 States, Canada, Mexico, and Europe. Agri Trading was founded in 1977 and is based in Hutchinson, Minnesota.
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Buyer Overview 1

Buyer

Neste Chemicals Oy

Espoo, Finland

Category Company
Sector Chemicals
DESCRIPTION

Neste Chemicals' businesses include adhesive resins, unsaturated polyesters and gelcoats, oxo intermediates, paper chemicals, and chemicals trading. The Neste Chemicals Group has approximately 40 production facilities in 18 countries in Europe, North America, and Asia. Its network of sales offices covers the most important market areas globally. In 1998, net sales were FIM 5.4 billion, operating profit was FIM 111 million, and the number of personnel was 2.500.


Deal Context for Buyer #
Overall 1 of 1
Sector: Food 1 of 1
Type: Add-on Acquisition 1 of 1
State: Minnesota 1 of 1
Country: United States 1 of 1
Year: 2021 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-04-23 Napcon

Houston, Texas, United States

Napcon specializes in process automation, production optimization, and operator training for industries such as petrochemicals, energy, and manufacturing. Napcon is based in Houston, Texas.

Sell -