M&A Deal Summary

Viterra Acquires 21st Century Grain Processing

On August 17, 2010, Viterra acquired food company 21st Century Grain Processing from Onex Falcon

Acquisition Highlights
  • This is Viterra’s 2nd transaction in the Food sector.
  • This is Viterra’s 2nd transaction in the United States.
  • This is Viterra’s 1st transaction in Missouri.

M&A Deal Summary
Date 2010-08-17
Target 21st Century Grain Processing
Sector Food
Buyer(s) Viterra
Sellers(s) Onex Falcon
Deal Type Add-on Acquisition

Target

21st Century Grain Processing

Kansas City, Missouri, United States
21st Century Grain Processing ('21C') operates oat and flour mills as well as food-grade corn processing facilities. The company offers oat flakes, oat flour, coated oats and other oat related products, whole wheat, white flour and white and yellow food grade corn products.

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Buyer(S) 1

Buyer

Viterra

Regina, Saskatchewan, Canada
Category Company
Founded 1924
Sector Agriculture
DESCRIPTION

Viterra, Inc. is a grain and oil seeds marketer and handler. Viterra handles wheat, durum, barley, canola oils, and pulses.

DEAL STATS #
Overall 2 of 3
Sector (Food) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Missouri) 1 of 1
Country (United States) 2 of 3
Year (2010) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-03-10 Dakota Growers Pasta

Carrington, North Dakota, United States

Dakota Growers with approximately $5 billion North American pasta market, with leadership positions in the private label retail, food service and ingredient channels. where it has durum wheat milling and pasta production capabilities.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-01 Hi-Pro Feeds

Okotoks, Alberta, Canada

Hi-Pro Feeds, Inc. is a manufacturer of animal nutrition and feed products for the animal nutrition industry.

Sell -

Seller(S) 1

SELLER

Onex Falcon

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

Category Mezzanine Finance Firm
Founded 2000
PE ASSETS 4.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Onex Falcon is a mezzanine finance firm that provides junior capital for North American businesses. Falcon looks to provide $30 to $150 million of subordinated debt to companies with EBITDA of at least $10 million. Falcon has no specific industry focus. Investment proceeds are typically used to support LBOs/MBOs, growth and acquisition financings, restructuring, recapitalizations, take privates, and generational ownership transfers. Onex Falcon was formed in 2000 and is based in Boston, Massachusetts.

DEAL STATS #
Overall 9 of 35
Sector (Food) 1 of 2
Type (Add-on Acquisition) 2 of 15
State (Missouri) 1 of 2
Country (United States) 9 of 35
Year (2010) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-03-15 The Princeton Review

Framingham, Massachusetts, United States

The Princeton Review is a proivder of test preparation and college admission services company. Every year it helps millions of college- and graduate school-bound students achieve their education and career goals through its test preparation, tutoring, and admissions services, its online resources, and its more than 150 print and digital books published by Random House LLC.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-01 Dent Wizard International

Bridgeton, Missouri, United States

Dent Wizard is the provider of automotive reconditioning services and related products. Dent Wizard International was founded in 1983 and is based in Bridgeton, Missouri.

Buy -
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