ADM Closes Acquisition of Deerland Probiotics & Enzymes

adm

ADM (NYSE: ADM), a Chicago, Illinois-based global leader in nutrition and agricultural origination and processing, completed its acquisition of Deerland Probiotics & Enzymes, a Kennesaw, Georgia-based global provider of dietary supplements using probiotic, prebiotic, and enzyme technology.

The amount of the deal was not disclosed.

With the acquisition, ADM will strengthen its innovation leadership in dietary supplements and functional foods, and serve customers around the world.

Deerland Probiotics & Enzymes is a global provider of dietary supplements using probiotic, prebiotic, and enzyme technology, including a line of 12 branded products serving customers in areas including digestive health, immune health, women’s health, food intolerance, sports nutrition, cellular repair, and systemic and cardiovascular health. The company’s products and solutions include spore probiotics, which offer enhanced stability for a wider use in food and beverage, pet nutrition and supplement applications.

ADM is a global leader in human and animal nutrition and a premier agricultural origination and processing company, which connects crops to markets on six continents. The company recorded net sales for 2019 were $65 billion.

FinSMEs

23/11/2021