Divestiture • Financial Services

Plumas Bank Acquires Rabobank - Redding Branch

On August 3, 2015, Plumas Bank acquired financial services company Rabobank - Redding Branch from Rabobank N.A.

Acquisition Context
  • This is Plumas Bank’s 1st transaction in the Financial Services sector.
  • This is Plumas Bank’s 1st transaction in the United States.
  • This is Plumas Bank’s 1st transaction in California.

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M&A Deal Summary

Date August 3, 2015
Target Rabobank - Redding Branch
Sector Financial Services
Buyer(s) Plumas Bank
Sellers(s) Rabobank N.A.
Deal Type Divestiture

Target Company

Rabobank - Redding Branch

Redding, California, United States
Rabobank - Redding Branch is a provider of financial services in redding.
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Buyer Overview 1

Buyer

Plumas Bank

Quincy, California, United States

Category Company
Sector Financial Services
DESCRIPTION

Plumas Bank is a provider of financial services and it is a wholly owned subsidiary of Plumas Bancorp.


Deal Context for Buyer #
Overall 1 of 1
Sector: Financial Services 1 of 1
Type: Divestiture 1 of 1
State: California 1 of 1
Country: United States 1 of 1
Year: 2015 1 of 1

Seller Profile 1

SELLER

Rabobank N.A.

Roseville, California, United States

Category Company
Founded 1981
Sector Financial Services
DESCRIPTION

Rabobank, N.A. provides Personal and Business banking products. Agricultural products are offered by Rabobank, N.A., Rabo AgriFinance, and Rabobank International.


Deal Context for Seller #
Overall 1 of 1
Sector: Financial Services 1 of 1
Type: Divestiture 1 of 1
State: California 1 of 1
Country: United States 1 of 1
Year: 2015 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-01 HVEG

Leusden, Netherlands

HVEG develops, source, produce, import and supply men's, women's, children's and baby clothing, legwear, underwear, accessories and optical products, for various distribution channels such as Fashion Retail, Supermarket Retail, Discount Retail, Drugstores and Online Retail. and controlling the entire supply chain. HVEG was founded in 1989 and is based in Leusden, Netherlands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-02 we.trade Innovation DAC

Dublin, Ireland

we.trade Innovation DAC is a digital trade platform based on the Linux Foundation's Hyperledger Fabric and runs on the IBM Blockchain Platform. We .trade digital platform delivers global trade transactions across trade finance, insurance, and logistics. we.trade Innovation was founded in 2017 and is based in Dublin, Ireland.

Buy -