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In The News

Husch Blackwell Represents Green Plains in Two Acquisitions Totaling $487 Million

In The News
10.04.16

Husch Blackwell represented Green Plains Inc., the second-largest consolidated owner of ethanol production facilities in the world, in two recent acquisitions totaling nearly $500 million.

In the first transaction, Green Plains acquired three ethanol plants from Abengoa Bioenergy for $237 million. The deal, which closed on September 26, 2016, added 236 million gallons of ethanol production capacity per year to Green Plains’ annual production capacity of nearly 1.5 billion gallons.

On October 3, 2016, Green Plains announced its acquisition of SCI Ingredients Holdings, Inc. and its wholly owned operating subsidiary Fleischmann's Vinegar Company, Inc., the world’s largest manufacturer and marketer of food-grade industrial vinegar, for approximately $250 million. The acquisition was funded through a mix of cash on hand and a $130 million term loan.

David Gardels led the Husch Blackwell team on both transactions.

For more information, please refer to the Green Plains website.