M&A Deal Summary

SVP Global Acquires Purefield Ingredients

On February 20, 2019, distressed investor SVP Global acquired food company Purefield Ingredients from White Energy

Acquisition Highlights
  • This is SVP Global’s 1st transaction in the Food sector.
  • This is SVP Global’s 3rd transaction in the United States.
  • This is SVP Global’s 1st transaction in Kansas.

M&A Deal Summary
Date 2019-02-20
Target Purefield Ingredients
Sector Food
Buyer(s) SVP Global
Sellers(s) White Energy
Deal Type Divestiture

Target

Purefield Ingredients

Russell, Kansas, United States
Purefield Ingredients is a domestic supplier of wheat gluten in the United States. The company also manufacturers biofuels. Purefield Ingredients comprises of two integrated plants in Russell, Kansas (vital wheat gluten manufacturing facility and cost-efficient ethanol production facility). Purefield Ingredients is based in Russell, Kansas.

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Buyer(S) 1

Buyer

SVP Global

Investor Investor Investor Investor Investor

Category Distressed Investor
Founded 2001
PE ASSETS 17.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Strategic Value Partners is an opportunistic asset management firm focused on distressed opportunities. The Firm targets distressed, deep-value opportunities where it typically takes an active role in transactions, whether driving the financial restructuring of companies facing bankruptcy, on ad hoc or formal creditors’ committees, or leading the turnaround of a business by driving the strategic and operational direction of the company. Strategic Value Partners was established in 2001 and is headquartered in Greenwich, Connecticut.

DEAL STATS #
Overall 5 of 15
Sector (Food) 1 of 1
Type (Divestiture) 1 of 2
State (Kansas) 1 of 1
Country (United States) 3 of 9
Year (2019) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-18 GenOn

Houston, Texas, United States

GenOn is a provider of generators wholesale electricity in the United States. With power generation facilities located in key regions of the country and a generation portfolio of approximately 24,600 megawatts, GenOn is helping meet the nation’s electricity needs. GenOn was founded in 1982 and is based in Houston, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-23 Pfleiderer

Neumarkt, Germany

Pfleiderer is a producer and supplier of engineered wood products. The Company's core business focuses on two areas - base products and surfaced products. Pfleiderer is based in Neumarkt, Germany.

Buy -

Seller(S) 1

SELLER

White Energy

Frisco, Texas, United States
Category Company
Sector Renewable Energy
Employees200
DESCRIPTION

White Energy is a producer of biofuels, food ingredients, and animal feed. The company owns and operates four state-of-the-art grain processing facilities in Texas and Kansas. White Energy has the capacity to produce more than 300 million gallons of ethanol per year and is the largest manufacturer of vital wheat gluten in North America.

DEAL STATS #
Overall 1 of 1
Sector (Food) 1 of 1
Type (Divestiture) 1 of 1
State (Kansas) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
Mergr

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