Andersons to Acquire Harvestone Low Carbon Partners for $915 Million

09:42 AM EST, 11/04/2026 (MT Newswires) -- Andersons (ANDE) has agreed to acquire Harvestone Low Carbon Partners, or HLCP, for $915 million, Andersons said Wednesday. The acquisition is expected to expand Andersons' ethanol production platform to 730 million gallons of annual capacity, with the addition of three production facilities and established low-carbon production capabilities, Andersons said. Andersons plans to fund the deal using $300 million in revolving credit facility borrowings and $615 million in additional long-term debt, the company said. Closing is expected in Q4 or early Q1, the company said. Price: 58.93, Change: -3.75, Percent Change: -5.98