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Cargill Welcomes Clearance from European Commission for Purchase of ADM's Chocolate Business

2015-07-24 12:31:06| Industrial Newsroom - All News for Today

AMSTERDAM  The European Commission has granted conditional clearance for Cargill to acquire Archer Daniels Midland's (NYSE: ADM) chocolate business in Europe. Together with the approvals granted earlier by the US Department of Justice, this completes the regulatory approval process for the global deal. "The...

Tags: business purchase european commission

 

Conditional approval for Cargills acquisition of ADMs Europe chocolate business

2015-07-20 01:00:00| Food Processing Technology

Cargill will formally acquire Archer Daniels Midland's (ADM) chocolate business in Europe following a conditional clearance from the European Commission.

Tags: business europe approval acquisition

 
 

Corbion acquires ADM's lactic acid business

2015-04-10 21:48:41| Agriculture - Topix.net

Corbion N.V. has acquired the lactic acid business from Archer Daniels Midland for an undisclosed cash sum, the company said on Friday. The deal, effective March 31 2015, includes the sales and delivery of lactic acid, sodium lactate and potassium lactate products, but does not include production facilities or personnel.

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Olam International strikes 'transformational' deal to acquire ADM's global cocoa business for $1.3bn

2014-12-17 01:44:43| Food - Topix.net

ADM chairman and CEO Patricia Woertz said the deal would allow ADM to "redeploy capital to investments that offer improved returns potential and less volatility than the cocoa business, or distribute excess capital to shareholders, or a combination of both". Olam - a leading supplier of cocoa beans with a significant presence in all major cocoa growing regions except Brazil, processing facilities in Cote d'Ivoire and Nigeria, and value-added processing facilities in Spain and the UK - said the deal would catapult it into third place in the global cocoa business behind Barry Callebaut and Cargill, and create significant synergies.

Tags: business international global deal

 

Olam to acquire ADM's cocoa business for S$1.7b

2014-12-16 02:31:58| Food - Topix.net

The acquisition establishes Olam as one of the world's top three cocoa processors, the company said in a filing to the Singapore Exchange on Tuesday. SINGAPORE: Mainboard-listed agri-business giant Olam International said on Tuesday it will acquire the global cocoa business of Archer Daniels Midland for US$1.3 billion .

Tags: business acquire cocoa olam

 

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