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Announced

Completed

Profile Products completed the acquisition of HydroStraw's erosion control and seed businesses.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

United States

Acquisition

Friendly

Machinery: Agricultural

seed business

Private

Single Bidder

erosion control

Completed

Farming Fishing Ranching and Plantations

Synopsis

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Profile Products, a provider of environmentally friendly soil, water and vegetation management solutions, completed the acquisition of HydroStraw's erosion control and seed businesses. Financial terms were not disclosed. The transaction includes all HydroStraw erosion control and seed product lines, as well as the company's Rockford, Washington, production plant/distribution center and employees. "The strategic operational location will support Profile's ability in the western United States to further develop fiber manufacturing and rolled erosion control product technologies while increasing production capabilities as we continue to expand our business," Jim Tanner, Profile Products President and CEO.

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