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Cie Announces Acquisition Of Elkhorn Valley Ethanol Plant From Louis Dreyfus Company

Oct 31, 2022•over 2 years ago

Acquiring Company

CIE

Acquired Company

Elkhorn Valley Ethanol Plant

Food And Beverage

Description

CIE announced today it acquired the assets of Elkhorn Valley Ethanol (“EVE” or the “Plant”) from Louis Dreyfus Company (“LDC”), a global agricultural commodities firm. Commencing operations in 2006, EVE is a premier ICM designed, Fagen constructed dry mill ethanol facility located in the western corn belt.

Company Information

Company

CIE

About

Founded in 2004, CIE is a global leader in grain-based, high-quality, specialty alcohols. CIE serves customers from Fortune 500 spirit, food, and fragrance brands to niche artisan craft distilleries. Headquartered in Marion, IN, CIE has global reach through its extensive network of owned, leased, and shared distribution terminals. CIE has 85+ employees and is an operating company of Chicago-based CC Industries.

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