On the Record · Andersons

Andersons acquisitions, on the record

The businesses Andersons bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
Rail Leasing business Word for word“In 2021, The Company executed a definitive agreement to sell the Rail Leasing business.” 10-K for 2023	agreed divestiture	In 2021	—
remainder of the Rail business Word for word“In conjunction with the sale of the Rail Leasing business, the Company announced its intent to divest the remainder of the Rail business which it successfully sold in the third quarter of 2022.” 10-K for 2023	divestiture	third quarter of 2022	—
Nebraska grain facility Word for word“In 2023, the vast majority of the gain was from the sale of a Nebraska grain facility of $ 5.6 million.” 10-K for 2023	divestiture	In 2023	—
remaining frac sand facilities and assets in Oklahoma and Minnesota Word for word“In 2022, the gain was primarily attributed to the sale of the Company's remaining frac sand facilities and assets in Oklahoma and Minnesota of $ 3.9 million.” 10-K for 2023	divestiture	In 2022	—
Illinois grain facility Word for word“In 2021, the gain was primarily attributed to the sale of an Illinois grain facility of $ 14.6 million.” 10-K for 2023	divestiture	In 2021	—
Skyland Word for word“On November 1, 2024, the Company entered into a definitive purchase agreement for a 65 % ownership interest in Skyland for $ 85.0 million, subject to customary working capital adjustments.” 10-K for 2024	acquisition	November 1, 2024	$ 85.0 million
Rail business Word for word“In conjunction with the sale of the Rail Leasing business, the Company announced its intent to divest the remainder of the Rail business which it successfully sold in the third quarter of 2022.” 10-K for 2024	divestiture	third quarter of 2022	—
grain asset location in Nebraska Word for word“(a) Removal of allocated goodwill due to the sale of a grain asset location in Nebraska.” 10-K for 2024	divestiture	—	—
Skyland Grain LLC (65% ownership interest) Word for word“On November 1, 2024, the Company entered into a definitive purchase agreement for a 65 % ownership interest in Skyland Grain LLC ("Skyland") for $ 85.0 million, subject to customary working capital adjustments.” 10-K for 2025	acquisition	November 1, 2024	$ 85.0 million

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash paid for acquisitions (net of cash acquired)	Cash received from selling businesses	Goodwill from acquisitions
2016-12-31	$0	$54.3 million	$0
2017-12-31	$3.5 million	—	$1.2 million
2018-12-31	$2.2 million	—	$0
2019-12-31	$102.6 million	$25.2 million	$129.3 million
2020-12-31	$0	$0	$349,000
2021-12-31	$11.4 million	$18.1 million	$0
2022-12-31	$20.2 million	$5.2 million	$0
2023-12-31	$24.7 million	$10.3 million	—
2024-12-31	$29.2 million	$0	$0
2025-12-31	$0	$11.3 million	$0

Deal filings since 2016

2026-03-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-08-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-08-04 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2024-11-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-04-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-06-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-04-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-03-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-03-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-12-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-08-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-08-20 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2021-05-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-02-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-01-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-12-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-11-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-10-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-01-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-01-02 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2018-11-05 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2018-10-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-08-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-06-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-03-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-03-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-03-07 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2017-04-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from Andersons’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-18. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.