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Benson Hill Announces Closing Of Acquisition Of Soy Crushing Facility Assets

Sep 18, 2021about 4 years ago

Acquiring Company

Benson Hill

Acquired Company

Soy Crushing Facility Assets

St. LouisFood Production

Description

Benson Hill, Inc. (the "Company" or "Benson Hill") a food technology company unlocking the natural genetic diversity of plants with its cutting-edge food innovation engine announced the closing today of its acquisition of a soybean crushing facility in Seymour, Indiana.

Company Information

Company

Benson Hill

Location

1001 N. WARSON ROAD

St. Louis, Missouri, United States

About

Benson Hill moves food forward with the CropOS® platform, a cutting-edge food innovation engine that combines data science and machine learning with biology and genetics. Benson Hill empowers innovators to unlock nature's genetic diversity from plant to plate, with the purpose of creating healthier, great-tasting food and ingredient options that are both widely accessible and sustainable. More information can be found at bensonhill.com or on Twitter at @bensonhillinc.

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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