Mergers


Seaboard pays $28.3 million for California ethanol plant

Merriam, Kan.-based Seaboard Corp. has bought a California ethanol production plant from Alto Ingredients Inc. in Sacramento.  The definitive agreement to acquire the plant is said to have cost $28.3 million. Seaboard is a multinational agribusiness, fuel and transportation company.… more

Propio Language Services buys Ohio competitor, expands reach

Propio Language Services has purchased Dayton-based Vocalink Global, a company that specializes in document translation and localization, as well as in-person interpretation. Although terms of the deal were not disclosed, this is the third and largest language services company Propio has… more

$1.7B sale of Waddell & Reed finalizes

Macquarie Asset Management officially closed on its $1.7 billion acquisition of Overland Park-based Waddell & Reed Financial Inc. on Friday afternoon. The transaction brings $76 billion in assets to Macquarie Asset Management, making it a top 20 actively managed, long-term… more

Merger approved for Kansas City-based Northern Genesis, vehicle manufacturer Lion Electric Co.

Northern Genesis Acquisition Corp. announced that its stockholders have approved a merger with The Lion Electric Co. Montreal-based Lion Electric, a maker of electric buses and vehicles, has been working since November 2020 on a merger with Northern Genesis. Northern Genesis… more

Leawood-based Stackify sells to IT company Netreo

Leawood-based Stackify LLC sold to Netreo Inc., a Huntington Beach, California, company that developed an award-winning platform for IT infrastructure management. Financial details were not disclosed.  Founded in 2012,  Stackify created developer-centric software for monitoring an application's performance, and detecting… more

New bidder raises offer on KC Southern

Kansas City Southern has been offered another bid, this time from Canadian National Railway with a cash-and-stock offer valued at $33.7 billion. The offer amount outdoes competing bidder Canadian Pacific's cash-and-stock proposal of $25 billion. Any deal would capitalize on… more

Kansas City Southern sale to go under review

Canadian Pacific Railway Limited and Kansas City Southern today made a filing with the Surface Transportation Board asserting their right to have the STB review their combination under a waiver the STB granted to KCS in 2001. The filing was… more

KC-based ProPharma acquires Diamond Pharma

Overland Park-based ProPharma Group continues its expansion and international reach, announcing the acquisition of U.K.-based Diamond Pharma Services. ProPharma said it purchased Diamond Pharma Services for an undisclosed amount. Like ProPharma, Diamond Pharma Services provides regulatory and compliance services for… more

Olathe-based Terracon acquires Virginia geotech company

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Orscheln Farm and Home sells in $297M cash deal

Missouri-based and family-owned Orscheln Farm and Home has been acquired in a $297 million all-cash deal. The decades-old company was bought by rural lifestyle retailer Tractor Supply Company, which will add 167 Orscheln stores across 11 states.  “For more than… more