m_and_a
confidence high
sentiment neutral
materiality 0.85
Andersons buys remaining 49.9% of ethanol JV for $425M; Q2 net income falls to $8M
Andersons, Inc.
- Acquired remaining 49.9% of TAMH for $425M ($385M net of $40M working capital); closed July 31.
- Q2 2025 net income $7.9M ($0.23 diluted EPS) vs $36.0M ($1.05) in Q2 2024; adjusted EPS $0.24.
- Adjusted EBITDA $65.2M vs $98.3M; Agribusiness adj pretax income $16.8M, Renewables $9.6M.
- Deal funded with cash on hand and existing credit; expects immediate EPS accretion and streamlined decision-making.
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