Cargill Purchase Of ADM Chocolate Business Is Completed

Cargill announced it has completed its $440 million acquisition of ADM’s global chocolate business. The company’s cocoa and chocolate business now operates 27 factories in 11 countries with more than 3.000 employees, It manufactures cocoa and chocolate products for confectionery, bakery, dairy, and other applications. In response to European Commission concerns, Cargill will divest ADM’s industrial chocolate production facility in Mannheim, Germany, keeping it as a separate entity until a buyer is found.