Tag Archives: ADM

ADM continues growth of nutrition portfolio with completion of Ziegler Group acquisition

Archer Daniels Midland Company (ADM) announced that it had completed its acquisition of the Ziegler Group, a European industry leader in natural citrus solutions. “The addition, combined with ADM’s recent acquisition of US citrus flavor innovator Florida Chemical Company, creates a global platform with the ability to serve customers worldwide with innovative citrus solutions.” ADM noted. “Citrus is a key …

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Bunge appoints acting CEO Gregory Heckman as new chief executive

Bunge Ltd named Gregory Heckman as its new chief executive officer, three months after he stepped in as acting CEO at the embattled global grains merchant stung by slumping grain prices and a bruising U.S.-China trade war. Heckman, a founding partner of private investment firm Flatwater Partners and the former chief executive of grains trader Gavilon Group, was appointed acting …

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ADM plans to invest $196 million in Iowa grain plant updates

Top U.S. grains merchant Archer Daniels Midland Co (ADM) plans to renovate its corn mill in Iowa. ADM spokeswoman Anderson says the machinery inside the plant will be updated. The project is expected to cost 196 million dolars. Archer Daniels Midland plans to invest $196 million in its grain processing plant in Clinton, Iowa. The Quad-City Times reports the project …

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ADM has made merger approach to Bunge

US agribusiness  giant Archer Daniels Midland Co. (ADM) has made a takeover approach to Bunge Ltd. (BG), WSJ and Reuters reported. The proposal likely set up a possible bidding war after Glencore earlier made an overture to the agricultural powerhouse. Archer Daniels Midland Co. (ADM), American global food processing and commodities trading Corporation, has proposed a takeover of Bunge Ltd …

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