• RSM, the world 6th largest consulting and auditing network, carried out financial due diligence for FoodChain ID, provider of technological solutions to the agri-food industry, during the acquisition of Lexagri International, a company in the AgTech industry specializing in the management of global agricultural data.
  • FoodChain ID, a company in the portfolio of Berkshire Partners, an American private equity firm, buys out the shares of the Weka Group.
  • Thanks to this operation, the Corporate Finance division of RSM strengthens its position as advisor to companies in the agri-food sector during the acquisition of innovatives players in the field of AgTech.

FoodChain ID, a leading provider of technology-enabled food safety, quality, and sustainability solutions, has acquired Lexagri International, a leader in the AgTech industry focused on verifying, harmonizing, structuring, and distributing global agricultural data.

Lexagri offers services that focus on data enhancement, as well as the process of harmonizing raw and unprocessed data into a standardized, validated and accessible data set.

This acquisition allows FoodChain ID to broaden the scope of regulatory and compliance content into crop protection and brand registration data, in order to serve its customers even more effectively and strengthen its reputation as a reliable source of actionable information.

RSM Team

The RSM team involved was made up of: Eric Fougedoire and Maxime Pothron.

About Foodchain ID

Over 30,000 companies across the global supply chain rely on FoodChain ID as their trusted partner to navigate the increasingly regulated food economy with greater transparency, safety, and sustainability. By providing clients with technology-enabled solutions supported by the industry’s most comprehensive data and knowledgeable experts, FoodChain ID is an essential source of timely, accurate information and expertise.  Services include the company’s innovative regulatory compliance and product development applications, as well as testing, food safety, and product certification solutions.

About RSM

RSM is the world's 6th largest audit, consulting and accounting network, present in over 120 countries. It currently has more than 53,000 employees and partners.

In France, RSM, a major player in auditing, consulting and accounting, is present in the main regional economic centers, with offices in Paris, Lyon-Chambéry-Grenoble, Montpellier-Nîmes, Nantes-Laval, Strasbourg-Colmar, Aix-en-Provence, La Réunion and Mayotte. RSM now has more than 1,200 professionals throughout the country. It intends to continue its regional development. The group has structured its multidisciplinary offer around 5 business lines: Audit, Expertise, Consulting, HR-Social / Payroll, Legal & Tax.

RSM – Corporate Finance

The Corporate Finance practice of RSM assists companies and their managers, investment funds, as well as investors and shareholders, in France and abroad, in order to secure and optimize their financial decisions. It has 20 professionals in Paris and in the regions, including 3 partners. RSM Corporate Finance provides transaction services, valuation and complex financial modeling, capital transactions and restructuring.