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

2014-12-16 02:04:15| Agriculture - 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

Olam set to acquire ADMs cocoa business for $1.3bn

2014-12-16 01:00:00| Food Processing Technology

Olam is to acquire the cocoa business of Archer Daniels Midland for $1.3bn, which would include fixed assets of $550m and working capital of $750m.

Tags: business set acquire cocoa

ADM's Golden Peanut Changes Name To Golden Peanut And Tree Nuts, Acquires Harrell Nut Company

2014-11-03 18:06:28| Agriculture - Topix.net

ADM'S GOLDEN PEANUT CHANGES NAME TO GOLDEN PEANUT AND TREE NUTS, ACQUIRES HARRELL NUT COMPANY Nov. 3, 2014 Source: Archer Daniels Midland news release Golden Peanut Company LLC, a subsidiary of Archer Daniels Midland Company , announced today that it has acquired the processing facilities and certain assets of the Harrell Nut Company, one of the country's leading processors and shellers of pecans. Reflecting the company's continuing expansion of its product portfolio, Golden Peanut also announced today that it is changing its name to Golden Peanut and Tree Nuts.

Tags: company tree golden nuts

SCI Added to ADM's Wild Flavors and Specialty Ingredients

2014-10-16 20:41:01| Agriculture - Topix.net

Archer Daniels Midland , which recently closed the acquisition of Wild Flavors , has purchased Specialty Commodities Inc. , "a leading originator, processor and distributor of healthy ingredients, including nuts, fruits, seeds, legumes and ancient grains," for $170 million. SCI boasts "a global network of suppliers to source natural and organic ingredients and distribute them to customers in the snack, ice cream, cereal, nutrition bar, health food, bakery, pet food and bird food markets," according to an official release.

Tags: added wild sci specialty