Mergers & AcquisitionsMedium•4 November 2026•
1 min read
The Andersons to Acquire Harvestone for $915 Million to Expand Biofuels Portfolio
Key Facts
1The Andersons agreed to purchase Harvestone Low Carbon Partners from Energy Capital Partners for an enterprise value of $915 million.
2The transaction is expected to close in Q4 2026 or early Q1 2027, pending regulatory approvals.
The Andersons agreed to purchase Harvestone Low Carbon Partners from Energy Capital Partners for an enterprise value of $915 million. Yahoo Finance reported that the acquisition adds three corn-based ethanol biorefineries to the company's portfolio, expanding its footprint in the low-carbon biofuels sector. The transaction is expected to close in Q4 2026 or early Q1 2027, pending regulatory approvals.
ANDE closed at $62.67 on November 3, 2026, with the stock reaching a day high of $63.95 and a low of $62.42 during the session. This strategic move aims to strengthen the company's position in renewable energy markets by integrating Harvestone's specialized low-carbon assets.