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New Deal


Announced

Cargill to acquire Floratech.

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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Acquisition

Majority

Single Bidder

Friendly

United States

cosmetic products

Domestic

personal care products

Personal Products

Private

Pending

Synopsis

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Cargill, a provider of agricultural products, agreed to acquire Floratech, a provider of cosmetic and personal care products. Financial terms were not disclosed. "This acquisition will mark an important milestone in Cargill’s effort to expand its Beauty business and will strengthen both companies’ shared vision to unleash beauty sustainably. This partnership will accelerate our combined growth, maximize value for customers by building industry-leading capabilities focused on nature-derived solutions, and help those customers shift their portfolio from synthetic chemicals to more sustainable ingredients," Colleen May, Cargill President.

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