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Global law firm Baker McKenzie is advising Owensboro Grain Company, a fifth-generation family-owned soybean processing facility and refinery, in its definitive agreement to be acquired by Cargill. Cargill will add Owensboro Grain Company (OGC) to its North American agricultural supply chain business. Owensboro Grain Company, located in Owensboro, Ky., was founded in 1906 as a small grain merchant and today operates a fully integrated soy processing facility, producing soy products, including protein meal and hull pellets for animal feeds, crude and degummed oil, lecithin, various blends of refined vegetable oil for human consumption, biodiesel, glycerin and industrial waxes. The addition of Owensboro Grain Company enhances Cargill’s efforts to modernize and increase capacity across its North American oilseeds network to support growing demand for oilseeds driven by food, feed and renewable fuel markets. Led by Transactional Partner Dieter Schmitz in Chicago, the Baker McKenzie team advising Owensboro Grain Company includes:
"For the most important transaction in the 100+ year history of Owensboro Grain Company, we tapped Dieter Schmitz and the M&A team at Baker McKenzie to provide the needed expertise and guidance," said Helen Cornell, president and CEO of Owensboro Grain Company. Added Dieter, "We are most grateful to have partnered with Owensboro Grain Company for this strategically important transaction." Learn more about the deal here.
Baker McKenzie is a transactional powerhouse, with more than 2,500 deal lawyers and 1,000 tax practitioners in 45 jurisdictions offering leading expertise in the areas most critical for our clients. We excel in complex transactions and cross-border deals – over 60% of our deals are multi-jurisdictional. We are global and local, combining money-market sophistication with local excellence.
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