Benson Hill Biosystems Acquires Assets of Schillinger Genetics (eMerge Genetics)

Confluence Genetics Acquires Benson Hill Assets Out of Chapter 11

May 23, 2025

Agriculture

Confluence Genetics, a new agritech company backed by investors led by Expedition Ag Partners and S2G Investments, purchased the business assets of Benson Hill following Delaware bankruptcy court approval. The asset sale will relaunch Benson Hill’s soybean trait business under Confluence Genetics in Creve Coeur, Missouri, retaining an experienced team and focusing on high‑protein soybean genetics, its AI-driven CropOS breeding platform and a speed‑breeding facility.

Benson Hill Acquires ZFS Creston

January 4, 2022

Food & Beverage

Benson Hill, Inc. acquired ZFS Creston, LLC, a food‑grade soy white flake and soy flour manufacturing operation in Creston, Iowa, for approximately $102 million, primarily financed by a $100 million committed debt facility led by Avenue Capital Group. The acquisition gives Benson Hill immediate processing capacity to commercialize its high‑protein soybean varieties and expand its portfolio of non‑GMO, traceable soy protein ingredients for human and pet food markets.

Angus Chemical Company Acquires Expression Systems, LLC

November 9, 2022

Biotechnology

Angus Chemical Company (a PE-backed specialty ingredients manufacturer) has acquired Expression Systems, LLC, a Davis, California-based maker of cell culture media, baculovirus reagents, cell lines and related contract services. The acquisition expands Angus' life‑sciences capabilities into specialty cell culture media and strengthens its bioprocessing product and service offering; Achelous Partners served as exclusive advisor to Expression Systems.

Syngenta Group Acquires Verisem BV from Paine Schwartz Partners

June 30, 2021

Agriculture

Syngenta Group's vegetable seeds business agreed to acquire Verisem BV, a global seed production, processing and distribution company, from Paine Schwartz Partners' Food Chain Fund IV. The deal, terms undisclosed, is intended to strengthen Syngenta's vegetable seed production capabilities and global footprint; the transaction is subject to customary regulatory conditions.

AbCellera Acquires TetraGenetics

September 13, 2021

Biotechnology

AbCellera Biologics Inc. acquired TetraGenetics, Inc. in an all-cash transaction to integrate TetraGenetics' recombinant transmembrane protein expression platform into AbCellera's antibody discovery technology stack. The acquisition expands AbCellera's ability to generate antibodies against difficult-to-drug ion channels, GPCRs and other transmembrane targets, and includes upfront and milestone-based payments.

Bionano Genomics Acquires Purigen Biosystems

November 28, 2022

Biotechnology

Bionano Genomics agreed to acquire Purigen Biosystems to integrate Purigen's isotachophoresis (ITP) Ionic Purification System into Bionano's optical genome mapping (OGM) workflow, aiming to simplify ultra-high molecular weight (UHMW) DNA isolation and address difficult sample types. The deal consideration is up to $64 million (including $32 million cash at closing and milestone-contingent payments) and was expected to close by December 8, 2022.