FDL, with USD 120 million in projected 2023 sales, offers significant innovation capabilities along with a strong presence in the USD 900 billion European foodservice channel. ADM intends to complete the transaction by end of January 2024.
ADM acquired Prairie Pulse Inc., a pulse crop cleaning, milling and packaging business in Vanscoy, Saskatchewan, Canada. Prairie Pulse’s operations – which include origination, 12,000 MT of bulk storage, cleaning, milling, sorting, sizing and bagging – will double ADM’s pulse footprint in the region.
Cargill Inc and Archer-Daniels-Midland (ADM) announced they would back business Russia, but would continue to operate “essential” food facilities there.