M&A Deal Summary |
|
|---|---|
| Date | 2017-05-01 |
| Target | Archer Daniels Midland Co. - Crop Risk Services Business |
| Sector | Insurance |
| Buyer(s) | Validus Re |
| Sellers(s) | ADM |
| Deal Type | Divestiture |
| Deal Value | 128M USD |
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| Category | Company |
|---|---|
| Founded | 2005 |
| Sector | Insurance |
| Employees | 866 |
| Revenue | 2.4B USD (2016) |
Validus Re is a provider of reinsurance and insurance, conducting its operations worldwide through two wholly-owned subsidiaries, Validus Reinsurance, Ltd. and Talbot Holdings Ltd. The company is a Bermuda-based reinsurer focused on short-tail lines of reinsurance. Talbot is the Bermuda parent of the specialty insurance group primarily operating within the Lloyd's insurance market through Syndicate 1183. Validus Re was founded in 2005 and is based in Pembroke.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 5 |
| Sector: Insurance M&A | 5 of 5 |
| Type: Divestiture M&A Deals | 2 of 2 |
| State: Illinois M&A | 2 of 2 |
| Country: United States M&A | 3 of 3 |
| Year: 2017 M&A | 2 of 2 |
| Size (of disclosed) | 5 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-01-30 |
ADM Crop Risk Services
Decatur, Illinois, United States ADM Crop Risk Services is a primary crop insurance general agent based in Decatur, Illinois. |
Buy | $128M |
| Category | Company |
|---|---|
| Founded | 1902 |
| Sector | Agriculture |
| Employees | 42,383 |
| Revenue | 85.5B USD (2024) |
ADM is a processor of oilseeds, corn, wheat, cocoa, and other agricultural commodities and is a manufacturer of protein meal, vegetable oil, corn sweeteners, flour, biodiesel, ethanol, and other value-added food and feed ingredients. The Company also has a global grain elevator and transportation network to procure, store, clean, and transport agricultural commodities, such as oilseeds, corn, wheat, milo, oats, and barley, as well as processed agricultural commodities. ADM was founded in 1902 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 8 |
| Sector: Insurance M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 7 of 8 |
| State: Illinois M&A | 3 of 3 |
| Country: United States M&A | 6 of 7 |
| Year: 2017 M&A | 2 of 2 |
| Size (of disclosed) | 4 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-03-27 |
Chamtor SA
Bazancourt, France Chamtor SA is a French producer of wheat-based sweeteners and starches. Chamtor, founded in 1992, produces glucose, starch and proteins from wheat. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-05-08 |
Industries Centers
Israel Industries Centers is specializing in the import and distribution of agricultural feed products. It has offices in the Tel Aviv area, and operates a 45,000 MT storage facility strategically located at the Port of Ashdod. The company has a significant and diversified customer base within Israel. |
Buy | - |
