M&A Deal Summary

Scherer Acquires SoulCraft - Mill Roll Flaker roll Flour Roll Business

On June 2, 2021, Scherer acquired agriculture company SoulCraft - Mill Roll Flaker roll Flour Roll Business from SoulCraft

Acquisition Highlights
  • This is Scherer’s 1st transaction in the Agriculture sector.
  • This is Scherer’s 1st transaction in the United States.
  • This is Scherer’s 1st transaction in Idaho.

M&A Deal Summary

Date 2021-06-02
Target SoulCraft - Mill Roll Flaker roll Flour Roll Business
Sector Agriculture
Buyer(s) Scherer
Sellers(s) SoulCraft
Deal Type Divestiture

Target

SoulCraft - Mill Roll Flaker roll Flour Roll Business

Meridian, Idaho, United States
SoulCraft's Mill Roll, Flaker roll, Flour Roll Business is a provider of a full range of personalized services for agricultural processing facilities.

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Buyer(S) 1

Buyer

Scherer

Tea, South Dakota, United States

Category Company
Sector Machinery
DESCRIPTION

Scherer focuses to provide the best product while placing value & customer service as a top priority to make grain processing solutions. The company continuously develops its employees, products, and services. Scherer is based in Tea, South Dakota.


DEAL STATS #
Overall 1 of 1
Sector (Agriculture) 1 of 1
Type (Divestiture) 1 of 1
State (Idaho) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1

Seller(S) 1

SELLER

SoulCraft

Meridian, Idaho, United States

Category Company
Sector Agriculture
DESCRIPTION

SoulCraft employs an integrated plan-design-build approach to feed, seed & fertilizer plant projects through a complete range of project management, engineering, and construction services. The company specializes in the repair and maintenance of processing machinery, conveyance equipment, material handling systems, and storage facilities. It provides top-quality equipment and replacement parts for feed, seed & fertilizer storage, handling, and processing systems. SoulCraft is based in Meridian, Idaho.


DEAL STATS #
Overall 1 of 1
Sector (Agriculture) 1 of 1
Type (Divestiture) 1 of 1
State (Idaho) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1