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Standlee to acquire Anderson Hay for $16.9 million

PRIVATEAug 17, 2026•about 3 hours ago

Acquiring Company

Standlee

Acquired Company

Anderson Hay

KimberlyWashingtonFood and BeverageAgriculture and FarmingRetailAgriculture and Farming

Description

Standlee has reached a deal to acquire most operational assets of Anderson Hay for nearly $17 million. This transaction is part of Anderson Hay's bankruptcy proceedings and aims to satisfy a significant portion of its debts. The integration promises benefits from combining resources and expertise in the industry. The closing of the sale is expected soon, pending court approval.

Company Information

Company

Standlee

Location

Kimberly, Idaho, United States

About

Standlee is a forage company that specializes in producing and selling hay products across the U.S. Founded about 45 years ago, it has extensive distribution centers and partnerships with major retailers. The company has built a strong reputation for its high-quality forage products, particularly for equine and pet owners. Standlee aims to expand its market presence and enhance its offerings through strategic acquisitions.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Anderson Hay?

Anderson Hay was acquired by Standlee, based in Kimberly. The deal was reported on August 17, 2026. Standlee is a forage company that specializes in producing and selling hay products across the U.S. Founded about 45 years ago, it has extensive distribution centers and partnerships with major retailers. Standlee is privately held and operates in Food and Beverage.

When did Standlee acquire Anderson Hay?

Standlee's acquisition of Anderson Hay was reported on August 17, 2026. Standlee has reached a deal to acquire most operational assets of Anderson Hay for nearly $17 million. This transaction is part of Anderson Hay's bankruptcy proceedings and aims to satisfy a significant portion of its debts. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Anderson Hay do?

Anderson Hay is a company that focuses on hay and straw products, particularly targeting export markets in Asia and the Middle East. The company filed for Chapter 11 bankruptcy protection due to financial challenges. It is privately held, operating in Agriculture and Farming, and is based in Washington.

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