Announced
Synopsis
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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