Archer Daniels Midland (ADM)

Canvas Category OEM : Agriculture

Website | Video

Primary Location Chicago, Illinois, United States

Financial Status NYSE: ADM

ADM is a leader in global nutrition who unlocks the power of nature to envision, create and combine ingredients and flavors for food and beverages, supplements, animal feed, and more.

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ADM Adds New Capabilities to Its Industry-Leading Flavor Business with Agreement to Acquire Revela Foods

๐Ÿ“… Date:

๐Ÿ”– Topics: Acquisition

๐Ÿข Organizations: Archer Daniels Midland, Revela Foods

ADM (NYSE:ADM), a global leader in human and animal nutrition, announced it is adding to its flavors capabilities with an agreement to acquire Revela Foods, a Wisconsin-based developer and manufacturer of innovative dairy flavor ingredients and solutions. Revela, with projected sales of almost $240 million in 2023, would add new capabilities to ADMโ€™s global flavors portfolio in the $1.8 billion global dairy flavors segment, as well as the $3.2 billion savory flavors segment. Revela, a portfolio company of New Heritage Capital since 2019, has delivered rapid growth, driven by its innovative enzyme technology, which powers a broad range of clean-label dairy flavor formulations for multiple applications, from snacks and frozen meals to sauces, dressings, soups, seasonings and desserts. Revelaโ€™s approximately 400 colleagues operate three state-of-the-art production facilities in the U.S. Midwest.

Read more at Business Wire

Solugen and ADM Announce Strategic Partnership

๐Ÿ“… Date:

๐Ÿ”– Topics: Partnership

๐Ÿข Organizations: Solugen, Archer Daniels Midland

Solugen, a rapidly scaling climate technology company that is reimagining the chemistry of everyday life, and ADM (NYSE:ADM), a global leader in sustainable solutions, today announced a strategic partnership to scale a range of innovative, plant-based specialty chemicals and bio-based building block molecules in a new manufacturing facility in Marshall, Minnesota.

Under the terms of the agreement, Solugen will build a new 500,000-square-foot biomanufacturing facility adjacent to ADMโ€™s existing corn complex in Marshall. The facility will utilize ADM-provided dextrose to scale its current line of lower-carbon organic acids and develop new, innovative molecules to replace existing fossil fuel-based materials.

Read more at Business Wire

From Source to Soil: The Monoammonium Phosphate (MAP) Fertilizer Journey