.
MergerLinks Header Logo

New Deal


Announced

Richardson International to acquire Italgrani USA.

Financials

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

Tags

Edit

Friendly

Private

Majority

Cross Border

United States

Food Products

flour miller

Acquisition

Pending

Single Bidder

Synopsis

Edit

Richardson International, a privately held Canadian agricultural and food industry company, agreed to acquire Italgrani USA, a semolina and durum flour miller in North America. Financial terms were not disclosed. “This acquisition is fully aligned with our long-term strategic goals of diversification, geographic expansion, and an increased presence in food processing – having gone from canola to oats and now to durum processing. The significant scale of processing capability of the Italgrani plant, combined with origination opportunities and crop inputs retail facilities, all included in this transaction, will further enhance the services we will be able to offer to our producer customers, both in Canada and the US,” Curt Vossen, Richardson International President and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US