USA: Archer Daniels Midland to sell chocolate business to Cargill
Cargill, the largest privately held corporation in the United States in terms of revenue, has revealed that it has agreed to purchase the global chocolate business of the food processing and commodities trading firm Archer Daniels Midland (ADM). The transaction is valued at $440 million and includes ADM’s three North American chocolate plants, located in […]
Germany: Archer Daniels Midland acquires Wild Flavors
Archer Daniels Midland (ADM), a food processing and commodity-trading business based in the USA, has purchased the German flavour and fragrance company Wild Flavors. Announcing the acquisition in a statement, ADM said that the deal was an all-cash transaction valued at approximately €2.3 billion ($3.1 billion) enterprise value, including the assumption of €0.1 billion ($0.14 billion) […]