White River Soy Processing, LLC has acquired Benson Hill Ingredients, LLC's soybean processing facility in Creston, Iowa, enhancing its market position in the food grade soybean sector.

Information on the Target

White River Soy Processing, LLC, based in Omaha, Nebraska, is a prominent developer and operator of oilseed processing plants across the United States. In a recent strategic move, White River announced its acquisition of Benson Hill Ingredients, LLC, which operates a well-established food grade soybean processing facility located in Creston, Iowa. This acquisition allows White River to strengthen its operational capabilities by incorporating an experienced workforce and enhancing its manufacturing footprint.

With this transaction, which was finalized on February 13, 2024, approximately 55 employees from the Creston facility have transitioned to roles within White River. The plant will continue its operations uninterrupted, ensuring adherence to the existing contractual obligations that connect farmers to a wide array of protein consumers, thereby maintaining stability in the supply chain.

Industry Overview in the Target’s Specific Country

The soybean processing industry plays a vital role in both domestic and global agricultural markets. In the United States, it serves as a critical source for various soy-based products that are essential for food and feed uses. The demand for soy