St. Louis Headquarters Growing Through Acquisitions

by Tim Alexander and Eliza Murray | Jan 04, 2018

Recent years have seen a high volume of U.S. corporate mergers and acquisitions. St. Louis area headquarters have been active acquirers growing through many significant acquisitions. In 2017, St. Louis companies acquired almost $20 billion worth of major companies across industries including health care, manufacturing, and technology.  

Most notably, Centene, Express Scripts, and Emerson each made acquisitions worth over $3 Billion. Other major acquisitions were spearheaded by Quinpario, Post Holdings, and Mallinckrodt. The following list details some of the largest company acquisitions in 2017 by St. Louis headquarters.

 MAJOR ACQUISITIONS BY ST LOUIS COMPANIES 2017

St. Louis Company HQ

Acquired Company

Acquisition Price

Acquisition Date

Centene

Fidelis Care

$3.75 Billion

September 12, 2017

Express Scripts

eviCore healthcare

$3.60 Billion

October 10, 2017

Emerson

Pentair

$3.15 Billion

May 1, 2017

Quinpario Acquisition Corporation

SourceHOV LLC & Novitex Holdings Inc.

$2.80 Billion

July 10, 2017

Post Holdings

Weetabix

$1.80 Billion

July 3, 2017

Post Holdings

Bob Evans

$1.50 Billion

September 19, 2017

Mallinckrodt

Sucampo

$1.20 Billion

December 26, 2017

Emerson

Paradigm

$510 Million

December 4, 2017

Express Scripts

myMatrixx

$250 Million

May 2017

Belden

Thinklogical

$160 Million

May 2017

Sources: St. Louis Business Journal and St. Louis Post-Dispatch.

These acquisitions were dwarfed by Emerson’s ultimately unsuccessful $29 billion bid to acquire Rockwell Automation, an industrial automation provider.(1)  Emerson quickly pivoted to a buy back of their own shares and two smaller acquisitions, Paradigm for $510 million and Cooper-Atkins for an undisclosed sum.(2)

St. Louis has long been an attractive location for the headquarters of some of the world’s largest and most innovative companies. Recent major acquisitions demonstrate the continuing strength and growth of the St. Louis headquarters market. 

Sources: (1) “Emerson Withdraws $29 Billion Bid to Acquire Rockwell” St. Louis Business Journal, Nov. 28, 2017. (2)  “Emerson to Acquire Connecticut-based Manufacturer” St. Louis Business Journal, Dec. 20, 2017.