Nov 6, 2:34 PM ET
On November 3, 2026, subsidiary The Andersons Renewables, LLC agreed to acquire Harvestone Low Carbon Partners from Energy Capital Partners for $915 million. The three ethanol plants in North Dakota and Indiana have about 215 million gallons of annual capacity, and the company plans to fund the deal with about $300 million from its revolving credit facility and $615 million of new long-term debt. Closing is expected in the fourth quarter of 2026 or early in the first quarter of 2027, subject to regulatory approvals; the company says the deal is expected to be immediately accretive to earnings per share, but the filing gives no figures for this.
- Purchase price of $915 million, with about half attributed to expected 45Z and 45Q tax credit cash flows
- Three ethanol plants with about 215 million gallons of annual production capacity, combined platform about 730 million gallons
- Financing of about $300 million from the revolving credit facility and $615 million in new long-term debt, with committed financing from U.S. Bank and Farm Credit Mid-America
- Expected closing in the fourth quarter of 2026 or early in the first quarter of 2027
Read the filing on SEC.gov ↗
Nov 3, 4:17 PM ET
The Andersons reported third quarter 2026 results that improved sharply from a year earlier. Net income attributable to the company was $46 million, or $1.36 per diluted share, compared with $20 million, or $0.59, in the third quarter of 2025, and the company called it a record third quarter for net income. The filing does not change full-year guidance, but it gives an adjusted full-year effective tax rate of approximately 14% to 18%, and management will discuss its outlook on a November 4, 2026 webcast.
- Net income attributable to the company was $46.4 million, or $1.36 per diluted share, versus $20.1 million, or $0.59, a year earlier.
- Adjusted diluted EPS was $1.38, compared with $0.84 in the third quarter of 2025; adjusted EBITDA was $101.4 million, compared with $78.3 million.
- Renewables reported record third quarter pretax income of $63 million, while Agribusiness pretax income attributable to the company was $5 million.
- Cash used in operating activities was $124 million in the third quarter of 2026, compared with cash provided of $234 million a year earlier.
Read the filing on SEC.gov ↗
Oct 23, 5:28 PM ET
Andersons, Inc. said it eliminated the position of Executive Vice President and Chief Human Resources Officer Sarah J. Zibbel as part of a restructuring of its human resources department, with her employment ending October 31, 2026. The filing describes severance-related benefits and treatment of her equity awards, but it does not disclose financial figures for these payments.
- Notice of position elimination given October 21, 2026; employment ends October 31, 2026
- Ms. Zibbel is entitled to benefits under the Company's Change in Control & Severance policy for a qualifying termination
- She keeps outstanding restricted stock units and a pro-rated portion of 2024 performance share units earned through the period ending in 2026
- Her 2025 and 2026 performance share units will be forfeited
Read the filing on SEC.gov ↗
Aug 3, 4:54 PM ET
The Andersons reported second quarter 2026 net income attributable to the company of $56.6 million, or $1.65 per diluted share, compared with $7.9 million, or $0.23 per diluted share, a year earlier. Adjusted diluted EPS was $2.15 versus $0.24, and quarterly sales and merchandising revenues were $3.10 billion, down slightly from $3.14 billion, so the headline measures point in different directions. The company also gave a full-year adjusted effective tax rate estimate of approximately 14% to 18% and will hold a conference call on August 4, 2026.
- Net income attributable to the company was $56.6 million, or $1.65 per diluted share, versus $7.9 million, or $0.23, in Q2 2025.
- Adjusted diluted EPS was $2.15 versus $0.24; adjusted EBITDA was $140.3 million versus $65.2 million.
- Sales and merchandising revenues were $3.10 billion versus $3.14 billion in Q2 2025.
- Renewables reported record second quarter pretax income of $65 million; the webcast is set for August 4, 2026 at 8:30 a.m. ET.
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.