M&A Deal Summary

Renewable Energy Group Acquires Seneca Landlord

On January 24, 2012, Renewable Energy Group acquired oil/gas exploration company Seneca Landlord

Acquisition Highlights
  • This is Renewable Energy Group’s 2nd transaction in the Oil/Gas Exploration sector.
  • This is Renewable Energy Group’s 4th transaction in the United States.
  • This is Renewable Energy Group’s 2nd transaction in Illinois.

M&A Deal Summary

Date 2012-01-24
Target Seneca Landlord
Sector Oil/Gas Exploration
Buyer(s) Renewable Energy Group
Deal Type Add-on Acquisition

Target

Seneca Landlord

Seneca, Illinois, United States
Seneca Landlord LLC is a operator of bio diesel production facility.

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Buyer(S) 1

Buyer

Renewable Energy Group

Ames, Iowa, United States

Category Company
Founded 1996
Sector Renewable Energy
Revenue 2.1B USD (2020)
DESCRIPTION
Entrance to Renewable Energy Group's corporate headquarters in Ames, Iowa.
Entrance to Renewable Energy Group's corporate headquarters in Ames, Iowa.

Renewable Energy Group is an energy and transportation company that transitions to sustainability by converting renewable resources into high-quality, sustainable fuels. REG is an international producer of sustainable fuels that significantly lower greenhouse gas emissions to immediately reduce carbon impact. REG utilizes a global integrated procurement, distribution, and logistics network to operate 11 biorefineries in the U.S. and Europe. Renewable Energy Group was formed in 1996 and is based in Ames, Iowa.


DEAL STATS #
Overall 4 of 10
Sector (Oil/Gas Exploration) 2 of 4
Type (Add-on Acquisition) 4 of 9
State (Illinois) 2 of 2
Country (United States) 4 of 10
Year (2012) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-01 Tellurian Biodiesel

San Francisco, California, United States

Tellurian Biodiesel, Inc. produces, markets, and distributes biodiesel made from recycled and second-use materials in the United States.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-22 LS9

South San Francisco, California, United States

LS9, Inc. is a renewable chemical technology provider in the commercial development of a growing portfolio of sustainable products to meet the needs of chemical and fuel markets.

Buy $62M