# Andersons to acquire remaining 67.5% of Lansing Trade Group for $305M

The Andersons, Inc. announced it has signed a deal to acquire the remaining 67.5% of Lansing Trade Group (LTG) it does not already own for about $305 million in cash and stock. The deal will consolidate Thompsons Ltd., jointly owned by both firms.

- Type: Acquisition
- Announced: 2018-10-15
- Where: United States
- Value: $305.0M
- Status: announced
- Products: grain handling, grain processing
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [The Andersons, Inc.](https://endata.com/companies/34901.md) (acquirer)
- [Lansing Trade Group](https://endata.com/companies/34902.md) (target)
- [Thompsons Ltd.](https://endata.com/companies/34903.md) (target)

## Sources

- [grainews.ca](https://www.grainews.ca/daily/grain-firms-andersons-lansing-to-merge/), 2018-10-15: "The cash-and-stock acquisition, valued at about $305 million, will give LTG shareholders about $175 million in cash and about $130 million in unregistered Andersons shares."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.