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Alto Ingredients Acquires Eagle Alcohol Company, A Leading Distributor Of Specialty Alcohols

PUBLIC · ALTOJan 18, 2022

Acquiring Company

Alto Ingredients

Acquired Company

Distributor

SacramentoManufacturingFood and BeverageAgriculture and Farming

Description

Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer of specialty alcohols and essential ingredients, has acquired Eagle Alcohol Company LLC, a leading distributor of specialty alcohols headquartered in St. Louis, Missouri. The acquisition is expected be immediately accretive and grow Adjusted EBITDA by $7 million to $9 million annually in 2023 and beyond, including expected synergies.

Quick answer

Alto Ingredients is acquiring Distributor, announced January 18, 2022. Alto Ingredients is based in Sacramento, California, United States.

How much did Alto Ingredients pay for Distributor?
The deal value was not disclosed.
What does Alto Ingredients do?
Alto Ingredients, Inc. (NASDAQ: ALTO) is a leading producer of specialty alcohols and essential ingredients.
Where are Alto Ingredients and Distributor based?
Alto Ingredients is based in Sacramento, California, United States.

Source: Fundz verified event record.

Other recent acquisitions in Food and Beverage and Agriculture and Farming

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Alto Ingredients

Location

Sacramento, California, United States

About

Alto Ingredients, Inc. (NASDAQ: ALTO) is a leading producer of specialty alcohols and essential ingredients. The company is focused on products for four key markets: Health, Home & Beauty; Food & Beverage; Essential Ingredients; and Renewable Fuels. The company’s customers include major food and beverage companies and consumer products companies. For more information, please visit www.altoingredients.com.

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Frequently asked

Who acquired Distributor?

Distributor was acquired by Alto Ingredients, based in Sacramento. The deal was reported on January 18, 2022. Alto Ingredients, Inc. (NASDAQ: ALTO) is a leading producer of specialty alcohols and essential ingredients. Alto Ingredients is publicly traded (ALTO) and operates in Manufacturing.

When did Alto Ingredients acquire Distributor?

Alto Ingredients's acquisition of Distributor was reported on January 18, 2022. Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer of specialty alcohols and essential ingredients, has acquired Eagle Alcohol Company LLC, a leading distributor of specialty alcohols headquartered in St. Louis, Missouri. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Distributor do?

Distributor is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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