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Announced

Benson Hill to acquire ZFS Creston for $102m.

Financials

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Transaction Value£75m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

United States

Single Bidder

soy processing

Acquisition

Fruit and Grain Processing

Pending

Private

Majority

Friendly

Synopsis

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Benson Hill, a food tech company, agreed to acquire ZFS Creston, an established food grade white flake and soy flour manufacturing facility, for $102m. “The acquisition of ZFS Creston, combined with our proprietary Ultra-High Protein soybean varieties, positions Benson Hill to deliver a portfolio of improved ingredients as an innovative unlock to bottlenecks in the rapidly growing but capacity-constrained plant-based movement. This acquisition advances our integrated business model as a more efficient route to market with a smaller footprint that better aligns with consumer preferences, enabling us to harness the genetic potential of plants and help scale the growth of plant-based markets," Matt Crisp, Benson Hill CEO.

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