We use our own and third-party cookies to optimize your experience on this site, including to maintain user sessions. Without these cookies our site will not function well. If you continue browsing our site we take that to mean that you understand and accept how we use the cookies. If you wish to decline our cookies we will redirect you to Google.
Already have an account? Sign in.

 Remember Me | Forgot Your Password?

ADM Completes Acquisition Of Wild Flavors, Forms New Business Unit

October 1, 2014: 12:00 AM EST
Archer Daniels Midland Co. (ADM) has completed the acquisition of Swiss-German natural ingredients company Wild Flavors Gmbh. It will create a new business unit headed by Greg Morris, president of ADM’s North American Oilseeds Processing unit. The new unit, to be called Wild Flavors and Specialty Ingredients, will be a reportable segment beginning Jan. 1. The all-cash transaction is valued at $3 billion. ADM also will assume about $125 million of debt. The new unit will include the Wild business and current ADM product lines: specialty proteins, emulsifiers, edible beans, natural health and nutrition, soluble fiber, polyols, and hydrocolloids.
Jeff Gelski, "ADM to form new ingredients unit after Wild acquisition", BakingBusiness.com, October 01, 2014, © Sosland Publishing Co.
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
North America
EMEA
United States of America
Europe
Germany
Switzerland
Categories
Companies, Organizations
Deals, M&A, JVs, Licensing
Market News
Developed by Yuri Ingultsov Software Lab.