On the Record · Universal
Universal acquisitions, on the record
The businesses Universal 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 |
|---|---|---|---|
Shank's Extract's, LLCWord for word“On October 4, 2021 , the Company acquired 100 % of the capital stock of Shank's Extract's, LLC (“Shank's”), a flavors and botanical extracts processing company , for approximately $ 100 million in cash and $ 2.4 million of additional working capital on-hand at the date of acquisition.” 10-K for 2024 | acquisition | October 4, 2021 | approximately $ 100 million in cash |
FruitSmart, Inc.Word for word“We have been achieving operational synergies across the platform among our acquired businesses, including FruitSmart, Inc. (“FruitSmart”), acquired on January 1, 2020, Silva International, Inc. (“Silva”), acquired on October 1, 2020, and Shank’s Extracts, LLC (“Shank’s”), acquired on October 4, 2021.” 10-K for 2024 | acquisition | January 1, 2020 | — |
Silva International, Inc.Word for word“We have been achieving operational synergies across the platform among our acquired businesses, including FruitSmart, Inc. (“FruitSmart”), acquired on January 1, 2020, Silva International, Inc. (“Silva”), acquired on October 1, 2020, and Shank’s Extracts, LLC (“Shank’s”), acquired on October 4, 2021.” 10-K for 2024 | acquisition | October 1, 2020 | — |
idled companies in TanzaniaWord for word“During the fiscal year ended March 31, 2023, the Company sold all outstanding common stock, which included all properties, of the idled companies in Tanzania for $ 8.5 million.” 10-K for 2024 | divestiture | During the fiscal year ended March 31, 2023 | $ 8.5 million |
FruitSmart, Inc. (“FruitSmart”)Word for word“We acquired FruitSmart in January 2020, Silva in October 2020, and Universal Ingredients–Shank’s in October 2021.” 10-K for 2025 | acquisition | January 2020 | — |
Silva International, Inc. (“Silva”)Word for word“We acquired FruitSmart in January 2020, Silva in October 2020, and Universal Ingredients–Shank’s in October 2021.” 10-K for 2025 | acquisition | October 2020 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2017-03-31 | $0 | — |
| 2018-03-31 | $0 | — |
| 2019-03-31 | $0 | $0 |
| 2020-03-31 | $80.2 million | $28.9 million |
| 2021-03-31 | $161.8 million | $46.1 million |
| 2022-03-31 | $102.5 million | $41.1 million |
| 2023-03-31 | $0 | $0 |
| 2024-03-31 | $0 | — |
Deal filings since 2016
- 2026-10-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-12-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-12-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-09-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-12-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-09-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-11-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-12-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Universal’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024) and the financial data it files with the SEC, as of 2026-06-01. 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.