Alltech Funding, Investors & Competitors

Alltech has raised $621M across 2 funding rounds, most recently a $421M undisclosed-stage round in November 2024.

Last Alltech funding round

$421M

Undisclosed stage · Nov 2024

Cumulative funding Alltech raised

$621M

across 2 funding rounds

Alltech Overview

About Alltech

Alltech is a Nicholasville, Kentucky-headquartered global animal nutrition company serving livestock, poultry, and aquaculture producers. Founded in 1980, it manufactures yeast-based feed additives, enzymes, and organic trace minerals sold in 120 countries, with production facilities in the US, Ireland, China, and Brazil. Alltech supports 5 billion animals annually through products like Yea-Sacc for rumen health, generating $1 billion in revenue from partnerships with Cargill and DSM.


Founded

1980

HQ

United StatesLexington, KY

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Alltech Funding History

Alltech has raised a total of $621M across 2 funding rounds.

Alltech's first fundraising round was a $200M undisclosed-stage round in May 2020. The most recent completed round was a $421M undisclosed-stage round in November 2024.

Alltech funding rounds

Alltech funding rounds
DateStageRaised
Nov 2024Undisclosed stage$421M
May 2020Undisclosed stage$200M

Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.

Start Free Trial

Acquisitions by Alltech

Alltech has acquired 7 companies to date.

Last acquisition by Alltech was on May 3rd 2023. Alltech acquired Agolin for undisclosed valuation.


Latest Acquisitions by Alltech

Agolin
IDEAGRO
WestFeeds
Solbiosur
Description
Agolin is a Swiss company producing rumen bolus feed additives from essential oils to improve dairy cow digestion and cut methane emissions by 15-30%. Headquartered in Bière, founded in 1950, Agolin's products treat 10 million cows annually across 60 countries, partnering with Cargill for global distribution in grass-fed herds.
IDEAGRO is an agricultural research firm based in Valencia, Spain. The company conducts crop trials in greenhouses, open fields, in-vitro settings, and microcosms for pesticides, fertilizers, and biologics. IDEAGRO manages R&D projects for clients like Bayer and Syngenta, providing data on efficacy across vegetables, fruits, and cereals in Mediterranean climates.
WestFeeds is an animal feed manufacturer and distributor based in Great Falls, Montana. It formulates and mills custom rations for beef cattle, dairy cows, sheep, horses, and pets using local grains, alfalfa, and protein supplements. Products support ranchers in central Montana through bulk delivery and bagged options.
Solbiosur is a Spanish manufacturer of biostimulants and fertilizers for horticultural crops. Based in Almería, the company produces seaweed extracts, amino acids, and microbial inoculants distributed across Europe and Latin America. Founded in 1995, Solbiosur supports greenhouse tomato and pepper growers with organic-certified lines.
HQ CountrySwitzerlandSpainUnited StatesSpain
HQ City
Lausanne
Murcia
Bozeman, MT
Puerto
Deal Date3 May 202316 Jan 202312 May 201712 Dec 2016
Valuationundisclosedundisclosedundisclosedundisclosed
EV/Revenue
EV/EBITDA

This data is available for Pro users. Sign up to see all Alltech acquisitions and their M&A valuation multiples.

Start Free Trial

Alltech Competitors

Alltech competitors include listed companies like Corteva, BASF, Archer-Daniels-Midland and Nutrien, and private ones like Meicai and Farmers Business Network.

Public and private companies comparable to Alltech
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
CortevaUnited StatesUnited StatesPublicly listed$17B$2.9B$54B3.2x
BASFGermanyGermanyPublicly listed$69B$8.2B$52B1.0x
Archer-Daniels-MidlandUnited StatesUnited StatesPublicly listed$80B$2.9B$42B0.6x
NutrienCanadaCanadaPublicly listed$27B$6.1B$38B1.8x
MeicaiChinaBeijingPrivate--$7B-
Farmers Business NetworkUnited StatesSan Francisco, CAPrivate--$4B-

Alltech Public Comps

Alltech is still privately-owned, but its public comps include Corteva, BASF, Archer-Daniels-Midland, Nutrien, Muyuan Foods, Novonesis, Bunge, CF Industries, Qinghai Salt Lake Industry and Wilmar International.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Corteva$17B$2.9B3.3x3.2x19.5x13.9x
BASF$69B$8.2B1.1x1.0x8.9x8.6x
Archer-Daniels-Midland$80B$2.9B0.6x0.6x17.4x11.2x
Nutrien$27B$6.1B1.9x1.8x8.2x8.0x
Muyuan Foods$21B$5B2.0x2.3x8.7x16.1x
Novonesis$4.8B$1.6B7.1x6.7x21.7x17.9x
Bunge$70B$2.3B0.6x0.5x17.9x11.2x
CF Industries$7.1B$3.2B3.5x3.1x7.7x6.8x

This data is available for Pro users. Sign up to see all Alltech competitors and their valuation data.

Start Free Trial

Common questions about Alltech

When was Alltech founded?Alltech was founded in 1980.
Where is Alltech headquartered?Alltech is headquartered in Lexington, KY, United States.
Is Alltech publicly listed?No, Alltech is a private company.
How much funding has Alltech raised?Alltech has raised $621M across 2 funding rounds.
What was Alltech's last funding round?Alltech's last funding round was a $421M undisclosed-stage round in November 2024.
Which companies are comparable to Alltech?Companies comparable to Alltech include Corteva, BASF, Archer-Daniels-Midland, Nutrien, Meicai and Farmers Business Network.
How many companies has Alltech acquired?Alltech has acquired 7 companies, including Agolin, IDEAGRO, WestFeeds, Solbiosur and Coppens International.
What was the largest acquisition by Alltech?The $386M acquisition of Ridley in April 2015 is the largest acquisition Alltech has made to date.

See companies similar to Alltech

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial