ADM Continues Growth of Nutrition Portfolio with Completion of Ziegler Group Acquisition
ROLLE, May 2, 2019—Archer Daniels Midland Company (NYSE: ADM) today 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.
“Citrus is a key ingredient in any nutrition portfolio – it provides great taste with the natural, clean-label, reduced sugar attributes that today’s health-conscious consumers are looking for,” said Vince Macciocchi, president of ADM’s Nutrition business. “Combining Ziegler and FCC, and adding ADM’s leading R&D capabilities and global reach, opens up tremendous growth opportunities for us to provide comprehensive and innovative citrus solutions for food, beverage and fragrance customers around the globe.”
With over 50 years’ experience producing high-quality natural citrus oils, extracts, concentrates and compounds, Ziegler’s proprietary cold concentration technologies deliver products for customers across Europe, the US and Japan.
“Ziegler customers have always known they are getting the highest-quality, highest-value citrus flavour innovations and solutions,” said Günter Ziegler. “Now, we’ll be able to offer our customers even more as we add ADM’s global reach, cutting-edge R&D, and extensive industry expertise. We’re excited about this growth opportunity, and look forward to bringing its benefits to our employees and our customers alike.”
“In the wake of our recent high-profile acquisitions of Neovia and Florida Chemical Company, the addition of Ziegler once again demonstrates our commitment to growth, as we expand our product portfolio and our geographic reach to the benefit of our customers and stakeholders,” added Macciocchi. “With every growth investment, we are one step closer to reaching our goal of being the world’s leading nutrition company.”
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Some of the above statements constitute forward-looking statements. ADM’s filings with the SEC provide detailed information on such statements and risks, and should be consulted along with this release. To the extent permitted under applicable law, ADM assumes no obligation to update any forward-looking statements.
About ADM Nutrition
ADM is a world-leading nutrition company with the widest range of specialty ingredients, blends, systems and experience. We move customers from concept to launch faster with sustainable, differentiated products that address their evolving needs. ADM helps our customers create consumer-preferred nutritional solutions through our on-trend and customizable portfolio of natural flavors and colors; an unmatched range of plant-based proteins; industry-leading, science-backed bioactives; as well as specialty ingredients such as hydrocolloids, lecithin, Omega-3 solutions, probiotics, polyols, texturants, soluble fibers and much more. Our talented team also provides consumer insights and intelligence; sensory expertise; culinary creativity; and full product-development services.
For more than a century, the people of Archer Daniels Midland Company (NYSE: ADM) have transformed crops into products that serve the vital needs of a growing world. Today, we’re one of the world’s largest agricultural processors and food ingredient providers, with approximately 40,000 employees serving customers in hundreds of countries. With a global value chain that includes approximately 450 crop procurement locations, more than 330 food and feed ingredient manufacturing facilities, 62 innovation centers and the world’s premier crop transportation network, we connect the harvest to the home, making products for food, animal feed, industrial and energy uses. Learn more at www.7yinbiao.com.