Who owns ZFS CRESTON?

ZFS CRESTON has been 100% owned by BENSON HILL since January 2022.

At what enterprise value was ZFS CRESTON acquired in 2022?

During the acquisition of ZFS CRESTON by BENSON HILL in 2022, the transaction's Enterprise Value is estimated to be in the range of 100M - 350M USD.

What was the EV/EBITDA of ZFS CRESTON when it was acquired by BENSON HILL?

The estimated EV/EBITDA multiple for ZFS CRESTON is in the range of 15x - 25x.

When was ZFS CRESTON acquired by BENSON HILL?

ZFS CRESTON was acquired by BENSON HILL in 2022.

What was the revenue of ZFS CRESTON at the time of the deal?

The revenue of ZFS CRESTON at the time of the deal is estimated to be in the range of 100M - 200M USD.

What was the EBITDA of ZFS CRESTON during the acquisition?

ZFS CRESTON's EBITDA is estimated to be in the range of 5M - 25M USD.

How is the data for the ZFS CRESTON acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the ZFS CRESTON deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.world-grain.com/articles/16296-benson-hill-acquires-zfs-creston

What is the average EV/EBITDA multiple for the AgriFood sector in 2026?

The average EV/EBITDA multiple for the AgriFood sector in 2026 is 11.0x.

← DATABASE

Home Database AgriFoodZFS CRESTON

01/2022

ZFS CRESTON acquired by BENSON HILL

UNITED STATES Food Processing / Ingredients EV 100M - 350M USD

Context

Benson Hill has acquired the assets of ZFS Creston, LLC from Zeeland Farm Services. This strategic acquisition provides Benson Hill with immediate industrial capacity to process its proprietary "Ultra-High Protein" soybeans into value-added ingredients (soy flour, white flake) for the human and pet food markets. By acquiring an existing operational facility rather than building a new one (Greenfield), Benson Hill accelerates its speed to market and secures a scalable supply chain for its "clean label" ingredients. The transaction was financed through a new $100 million debt facility led by Avenue Capital Group and $5 million in seller financing.

ZFS CRESTON, which reported an EBITDA margin of in 2021, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the AgriFood sector (11.0x).

-> Deep-dive in AgriFood market trends

Target

Located in southwest Iowa, ZFS Creston is an established food-grade soy processing facility. It specializes in the production of soy white flake, soy flour, grits, and soybean oil. These outputs serve as critical raw materials for the manufacturing of soy protein concentrates, isolates, and textured protein products used in plant-based meats, meat extensions, bakery, cereals, and pet food. The facility is equipped to handle identity-preserved supply chains, ensuring traceability from farm to ingredient.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (USD)

Year

Rev

EBITDA

EBIT

2021

2020

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REFERENCES

Valuation range: EV 100M - 350M USD

Revenue range: 100M - 200M USD

EBITDA range: 5M - 25M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ZFS CRESTON by BENSON HILL are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.