D.a. davidson & co. acts as exclusive financial advisor to albion
international on its $111.5 million sale to balchem corporation
Salt lake city--(business wire)--d.a. davidson & co., a full-service investment firm with a nationwide investment banking practice, served as exclusive financial advisor to albion international, the category-leading provider of specialty mineral nutrition solutions for the global human and plant nutrition markets, on its $111.5 million sale to balchem corporation (nasdaqgs: bcpc), a global leader in manufacturing specialty performance ingredients and products for the food, nutrition, pharmaceutical, feed, industrial, and medical industries. the acquisition expands balchem’s science-based human health and wellness segment, while also providing a strong position in the specialty plant nutrition market. the combined company will benefit from an expansive nutritional ingredient product portfolio and a broadened geographic footprint. with the addition of albion’s over 100 patents and six decades of building scientific expertise in human and plant nutrition, balchem will be well positioned as a technological leader in advanced mineral delivery systems and product formulations. “albion is a pioneer in specialty minerals, a position that has been strengthened by years of successful science, research, and development,” said daren shaw, managing director at d.a. davidson. “balchem brings the expertise, capital, and global relationships necessary to build on albion’s platform while delivering an even greater customer experience and product offering.” “we announced the acquisition by balchem to our employees and customers on albion’s 60th anniversary. this is an exciting announcement and a great start to another chapter in albion’s history. we would not have had such a favorable outcome without the advice and industry expertise of d.a. davidson,” said dewayne ashmead, chairman and co-founder of albion international. james hyde, ceo of albion international, added, “the d.a. davidson team ran a seamless process from start to finish. davidson’s insights and years of experience advising businesses like ours were invaluable to the process. we are very pleased with the result and are excited to partner with balchem.” about d.a. davidson & co. d.a. davidson & co. is a full-service investment firm with operations throughout the country. d.a. davidson’s equity capital markets group offers a full suite of investment services and products, including investment banking, institutional sales, trading, research and corporate services. d.a. davidson’s investment banking team provides merger and acquisition services, strategic advisory and access to public and private capital markets. in addition, the firm’s industry-driven research team offers award-winning research and is supported by a dedicated group of sales and trading professionals. the equity capital markets group is based in portland, ore., and operates from offices in baltimore; boston; chicago; denver; great falls, mont.; minneapolis; new york; orange county, calif.; salt lake city; and seattle. d.a. davidson & co. is one of four firms within d.a. davidson companies, an employee-owned financial services company that recently celebrated its 80th year in business.
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