ADM continues growth of nutrition portfolio with completion of Ziegler Group acquisition
Date 05.03.2019 | Category: News
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 flavour innovator Florida Chemical Company, creates a global platform with the ability to serve customers worldwide with innovative citrus solutions.
Said Vince Macciocchi, president of ADM’s Nutrition business: “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. 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.”
Added Macciocchi: “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. With every growth investment, we are one step closer to reaching our goal of being the world’s leading nutrition company.” For more visit adm.com
Source: ADMAuthor: COX