Koley Jessen Advises Benson Hill, Inc. in Transaction with White River Soy Processing
Koley Jessen provided strategic counsel to Benson Hill, Inc. in the successful completion of its transaction with White River Soy Processing, LLC, which involved the transfer of ownership of Benson Hill's Seymour, Indiana-based soybean crush facility. The parties also anticipate finalizing a grain supply and licensing agreement to continue processing Benson Hill’s proprietary soybeans through the facility.
Founded in 2012, Benson Hill is a food technology company with a mission to deliver food made better from the beginning. Through their CropOS® technology platform, which combines data science, plant science and food science, they are leveraging the natural genetic diversity of plants to develop and commercialize food and ingredients that are more nutritious, better tasting, more sustainable, and more affordable.
The sale marks a significant milestone for Benson Hill as it continues to focus on further growth and disciplined capital allocation through their Liquidity Improvement Plan.
For more information, read the press release here.
The team was led by Comran Sharif, Emily Bodfield, and Taylour Kumpf with real estate support from Jennifer Woodward.