M&A Deal Summary

TriCal Acquires Teleos

On May 1, 2025, TriCal acquired distribution company Teleos from Dow for 121M USD

Acquisition Highlights
  • This is TriCal’s 1st transaction in the Distribution sector.
  • This is TriCal’s largest (disclosed) transaction.
  • This is TriCal’s 2nd transaction in the United States.
  • This is TriCal’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2025-05-01
Target Teleos
Sector Distribution
Buyer(s) TriCal
Sellers(s) Dow
Deal Type Divestiture
Deal Value 121M USD

Target

Teleos

Southern Pines, North Carolina, United States
Teleos is a soil fumigation product that distributes 1,3-Dichloropropene (sold under the brand name TELONE). Teleos is based in Southern Pines, North Carolina.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

TriCal

Hollister, California, United States

Category Company
Sector Distribution
DESCRIPTION

TriCal is a agricultural product wholesaler. TriCal is based in Hollister, California.


DEAL STATS #
Overall 2 of 2
Sector: Distribution M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: North Carolina M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2025 M&A 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-18 Landmark Irrigation

Madera, California, United States

Landmark Irrigation is a full-service designer and installer of custom agricultural irrigation systems for Central California's farm community. Landmark Irrigation specializes in drip and micro-sprinkler systems. Landmark Irrigation was established in 1990 and is based in Madera, California.

Buy -

Seller(S) 1

SELLER

Dow

Midland, Michigan, United States

Category Company
Founded 2018
Sector Chemicals
Employees37,800
Revenue 43.0B USD (2024)
DESCRIPTION
Dow Chemical's corporate headquarters in Midland, Michigan.
Dow Chemical's corporate headquarters in Midland, Michigan.

Dow produces specialty chemicals, advanced materials, agrosciences, and plastics and delivers a range of technology-based products and solutions to customers in sectors that include packaging, electronics, water, coatings, and agriculture. Dow was founded in 2018 and is based in Midland, Michigan.


DEAL STATS #
Overall 20 of 20
Sector: Distribution M&A 1 of 1
Type: Divestiture M&A Deals 16 of 16
State: North Carolina M&A 1 of 1
Country: United States M&A 16 of 16
Year: 2025 M&A 1 of 1
Size (of disclosed) 7 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-20 Circulus

Houston, Texas, United States

Circulus utilizes cutting-edge technologies to transform olefin plastics into resins suitable for various commercial and industrial applications. Circulus is based in Houston, Texas.

Buy -