Tech Company M&A Transactions
Virdia Acquisition
Virdia, operating out of Redwood City, was acquired by Stora Enso Oyj. The companies indicated that total deal value was $62 million.
Transaction Overview
Company Name
Acquired By
Announced On
6/24/2014
Transaction Type
M&A
Amount
$62,000,000
M&A Terms
The upfront debt-free transaction value is approximately USD 33 million (EUR 24 million) with additional potential payouts totalling approximately USD 29 million (EUR 21 million) following completion of specific technical and commercial milestones by 2017.
Company Information
Company Status
Acquired or Merged
Industry
Clean Tech
Mailing Address
Undisclosed
Redwood City, CA 94065
USA
Redwood City, CA 94065
USA
Phone
Website
Email Address
Overview
Virdia is a leading developer of cellulosic sugars and lignin for use in the renewable chemicals, bio-energy and nutrition industries. The company's CASE proprietary process converts a wide range of cellulosic feedstock, including wood, energy crops and agricultural residues into highly refined sugars and lignin.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Philippe Lavielle
Chief Technical Officer
Robert Jansen
VP - General Counsel
Brian Kinard
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We report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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