FSI OFFER TO ACQUIRE AN AGRICULTURE COMPANY DECLINED
Flexible Solutions International (NYSE‑American: FSI) announced on Nov 10, 2025 that an offer to acquire 70% of a medium‑sized agriculture company based in Indiana was declined.
FSI said its offer priced the stake at 5x full‑year 2025 EBITDA up front plus 2.5x full‑year 2025 EBITDA payable over three years tied to performance. The target's board declined the offer without a shareholder vote. FSI removed the debt financing arranged for the deal and said it will not increase the offer, citing the bid as full value. CEO Dan O'Brien said the companies had substantial synergies and that FSI will keep pursuing acquisitions and organic growth.
Flexible Solutions International (NYSE‑American: FSI) ha annunciato il 10 novembre 2025 che un’offerta per acquisire il 70% di un’azienda agricola di medie dimensioni con sede in Indiana è stata rifiutata.
FSI ha dichiarato che l’offerta valutava la partecipazione a 5x l’EBITDA previsto per l’intero 2025 in anticipo, più 2,5x l’EBITDA previsto per l’intero 2025 pagabili in tre anni legati alla performance. Il consiglio della target ha rifiutato l’offerta senza voto degli azionisti. FSI ha rimosso la finanziarizzazione del debito predisposta per l’accordo e ha affermato che non aumenterà l’offerta, ritenendo la proposta come pieno valore. Il CEO Dan O’Brien ha dichiarato che le due aziende hanno significative sinergie e che FSI continuerà a perseguire acquisizioni e crescita organica.
Flexible Solutions International (NYSE‑American: FSI) anunció el 10 de noviembre de 2025 que se rechazó una oferta para adquirir el 70% de una empresa agrícola de tamaño medio con sede en Indiana.
FSI dijo que la oferta valoraba la participación en 5x el EBITDA del año completo 2025 por adelantado, más 2,5x el EBITDA del año completo 2025 pagaderos en tres años vinculados al rendimiento. La junta de la empresa objetivo rechazó la oferta sin votación de los accionistas. FSI retiró la financiación de deuda acordada para el trato y dijo que no aumentará la oferta, calificando la oferta como su valor total. El CEO Dan O’Brien dijo que las empresas tenían sinergias sustanciales y que FSI seguirá buscando adquisiciones y crecimiento orgánico.
Flexible Solutions International (NYSE‑American: FSI)가 2025년 11월 10일 인디애나주에 본사를 둔 중간 규모의 농업 기업의 70% 지분 인수를 제안했으나 거절되었다고 발표했다.
FSI는 제안이 2025년 회계연도 전체 EBITDA의 5배를 선지급으로, 더불어 2025년 전체 EBITDA의 2.5배를 성과에 연계해 3년 동안 지급하는 방식으로 지분가치를 산정했다고 말했다. 목표사의 이사회는 주주투표 없이 제안을 거절했다. FSI는 거래를 위해 마련된 부채 파이낸싱을 제거했고 제안을 늘리지 않을 것이라고 밝히며, 제안을 '충분한 가치'로 간주했다. CEO 덴 오브라이언은 양사 간에 상당한 시너지가 있다고 말했고, FSI가 인수 및 유기적 성장을 계속 추구할 것이라고 말했다.
Flexible Solutions International (NYSE‑American: FSI) a annoncé le 10 novembre 2025 qu’une offre d’acquérir 70 % d’une entreprise agricole de taille moyenne basée dans l’Indiana a été rejetée.
FSI a déclaré que son offre valorisait la participation à 5× l’EBITDA prévu pour l’ensemble de l’année 2025 en avance, plus 2,5× l’EBITDA prévu pour l’ensemble de l’année 2025 payable sur trois ans lié à la performance. Le conseil de la cible a rejeté l’offre sans vote des actionnaires. FSI a retiré le financement par dette prévu pour l’accord et a indiqué qu’il n’augmenterait pas l’offre, estimant qu’il s’agit de la valeur totale. Le PDG Dan O’Brien a déclaré que les entreprises avaient d’importantes synergies et que FSI continuerait à poursuivre des acquisitions et une croissance organique.
Flexible Solutions International (NYSE‑American: FSI) gab am 10. November 2025 bekannt, dass ein Angebot zum Erwerb von 70 % eines mittelgroßen Landwirtschaftsunternehmens mit Sitz in Indiana abgelehnt wurde.
FSI sagte, dass sein Angebot den Anteil mit dem 5‑fachen des EBITDA des Geschäftsjahres 2025 im Voraus bewertet, plus 2,5‑faches EBITDA des Geschäftsjahres 2025, zahlbar über drei Jahre und an die Leistung gekoppelt. Der Vorstand des Zielunternehmens lehnte das Angebot ohne Aktionärsvoting ab. FSI entfernte die für den Deal arrangierte Fälligkeitsfinanzierung und sagte, dass es das Angebot nicht erhöhen werde, und bezeichnete das Gebot als Vollwert. CEO Dan O’Brien erklärte, dass die Unternehmen erhebliche Synergien hätten und dass FSI weiterhin Übernahmen und organisches Wachstum verfolgen werde.
Flexible Solutions International (NYSE‑American: FSI) أعلنت في 10 نوفمبر 2025 أن عرضاً لشراء 70٪ من شركة زراعية متوسطة مقرها في ولاية إنديانا قد رُفض.
قالت FSI إن عرضها قيَّم الحصة بـ 5 أضعاف EBITDA للسنة كاملة 2025 مقدماً، بالإضافة إلى 2.5 أضعاف EBITDA للسنة كاملة 2025 التي ستُدفع على مدى ثلاث سنوات بناءً على الأداء. مجلس إدارة الهدف رفض العرض دون تصويت من المساهمين. أزالت FSI التمويل بالديْن المرتب للصفقة وقالت إنها لن تُزيد العرض، معتبرةً أن العرض يمثل القيمة الكلية. قال الرئيس التنفيذي دان أوبراين إن لدى الشركتين تآزرات كبيرة وأن FSI ستواصل السعي وراء الاستحواذات والنمو العضوي.
- Offer priced at concrete multiples: 5x + 2.5x 2025 EBITDA
- Company removed acquisition debt to limit financing exposure
- CEO cited substantial strategic synergies with the target
- Target board declined the offer without a shareholder vote
- Loss of expected acquisition reduces near‑term inorganic growth
- Planned debt financing for the deal has been cancelled
TABER, ALBERTA, Nov. 10, 2025 (GLOBE NEWSWIRE) -- FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (NYSE-AMERICAN: FSI), is the developer and manufacturer of biodegradable polymers for oil extraction, detergent ingredients and water treatment as well as crop nutrient availability chemistry. Flexible Solutions also manufactures biodegradable and environmentally safe water and energy conservation technologies. In addition, FSI is increasing its presense in the food and nutrition supplement manufacturing markets. Today the Company announces an offer made to acquire an agriculture company was declined.
"FSI recently made a buy out offer for
Dan O'Brien, FSI CEO comments, "We are disappointed because the synergies between FSI and the target were substantial." Mr. O'Brien continues, "We will continue to look for opportunities to grow through acquisitions and by organic growth in our divisions."
About Flexible Solutions International
Flexible Solutions International, Inc. (www.flexiblesolutions.com), based in Taber, Alberta, is an environmental technology company. The Company’s NanoChem Solutions Inc. subsidiary specializes in biodegradable, water-soluble products utilizing thermal polyaspartate (TPA) biopolymers. TPA beta-proteins are manufactured from the common biological amino acid, L-aspartic and have wide usage including scale inhibitors, detergent ingredients, water treatment and crop enhancement. Along with TPA, this division started producing other crop enhancement products as well. In 2022, the Company entered the food and nutrition markets by obtaining FDA food grade approval for the Peru IL plant. The other divisions manufacture energy and water conservation products for drinking water, agriculture, industrial markets and swimming pools throughout the world.
Safe Harbor Provision
The Private Securities Litigation Reform Act of 1995 provides a "Safe Harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward looking statement with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the company's reports filed with the Securities and Exchange Commission.
Flexible Solutions International
6001 54th Ave, Taber, Alberta, CANADA T1G 1X4
Company Contacts
Jason Bloom
Toll Free: 800.661.3560
Fax: 403.223.2905
Email: info@flexiblesolutions.com
To find out more information about Flexible Solutions and our products please visit www.flexiblesolutions.com
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FAQ
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