Agriculture / AgTech

FoodChain ID

Provider of testing, certification, and consulting services for the production of food products worldwide.

Transaction Overview

  • Represented FoodChain ID, a portfolio company of Berkshire Partners, in its acquisition of Lexagri, a subsidiary of WEKA Group GmbH and portfolio company of Paragon Partners GmbH
  • FoodChain ID is a leading global provider of technology-enabled food safety, quality and sustainability solutions that address challenges and opportunities in the rapidly evolving food industry. It serves more than 30,000 customers in over 100 countries with a market-leading portfolio of testing, inspection, certification, and compliance solutions. ,  
  • Lexagri is a leading AgTech Company focused on verifying, harmonizing, structuring, and distributing accessible global agricultural data through its portfolio of services includeing Homologa®, Basagri, Phytodata, PhytoScan®, and Agrowin. Working closely with expert collaborators, Lexagri has unique access to the latest and most up-to-date data, which it expertly curates and presents in a enabling instant access and  harmonized structure.

Key Observations

  • Market leadership for agricultural reference data solutions.
  • Increasingly complex regulatory environment driving demand for transparency.
  • Rigorous data collection, verification, and harmonization process.Broad suite of products, and a reliant blue-chip customer base.
  • Mission-critical value propositions serving array of end-markets.
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Hennepin Partners LLC