Date closed: 6/18/2015

Value: C$521 million

On June 18, 2015, Alltech, Inc. (Alltech)  completed the acquisition of all outstanding common shares of Ridley Inc. (Ridley) for cash consideration of CAD$40.75 per common share. The total consideration paid to Ridley shareholders was approximately C$521 million.

Ridley, headquartered in Mankato, Minnesota, is one of the largest commercial animal nutrition businesses in North America, serving customers mainly in the United States and Canada.

Alltech, headquartered in Lexington, Kentucky, is an animal nutrition company.

BLG represented Ridley with a team led by Paul Mingay that included Paul Simon and Sienne Lam (M&A and Securities), Steve Suarez (Tax), and James D.G. Douglas, Ewa Krajewska and Rahim Jamal (Litigation).