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- Alltech
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
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
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Sectors
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
| Date | Stage | Raised |
|---|---|---|
| Nov 2024 | Undisclosed stage | $421M |
| May 2020 | Undisclosed stage | $200M |
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Start Free TrialAcquisitions 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
| 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 Country | |||||
| HQ City | Lausanne | Murcia | Bozeman, MT | Puerto | |
| Deal Date | 3 May 2023 | 16 Jan 2023 | 12 May 2017 | 12 Dec 2016 | |
| Valuation | undisclosed | undisclosed | undisclosed | undisclosed | |
| 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.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $17B | $2.9B | $54B | 3.2x | ||
| Publicly listed | $69B | $8.2B | $52B | 1.0x | ||
| Publicly listed | $80B | $2.9B | $42B | 0.6x | ||
| Publicly listed | $27B | $6.1B | $38B | 1.8x | ||
| Private | - | - | $7B | - | ||
| Private | - | - | $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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $17B | $2.9B | 3.3x | 3.2x | 19.5x | 13.9x | |||
| $69B | $8.2B | 1.1x | 1.0x | 8.9x | 8.6x | |||
| $80B | $2.9B | 0.6x | 0.6x | 17.4x | 11.2x | |||
| $27B | $6.1B | 1.9x | 1.8x | 8.2x | 8.0x | |||
| $21B | $5B | 2.0x | 2.3x | 8.7x | 16.1x | |||
| $4.8B | $1.6B | 7.1x | 6.7x | 21.7x | 17.9x | |||
| $70B | $2.3B | 0.6x | 0.5x | 17.9x | 11.2x | |||
| $7.1B | $3.2B | 3.5x | 3.1x | 7.7x | 6.8x | |||
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. |
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