BLOG

ADM to focus on organic growth after acquisitions

13 December 20192 min reading

Grain trader Archer Daniels Midland Co (ADM) does not expect to continue its aggressive strategy of acquisitions in the next few years and will instead focus on organic growth, a senior official said. “With this level of acquisitions we have had, I don’t think you will see ADM being a very aggressive M&A investor over the next few years,” Ismael Roig, Europe, Middle East and Africa President Archer Daniels Midland Co told the Global Grain conference in Geneva. He said the company would instead focus on optimizing its business and driving efficiency, and look for opportunities in value-added sectors including nutrition. The firm has made $7 billion acquisitions globally in recent years, including $5 billion in EMEA, Roig said.

ADM purchased natural food ingredients company Wild Flavors for $3 billion in 2014 and earlier this year it took over animal nutrition business Neovia for $1.7 bln as part of the U.S. farm giant’s strategy to expand in the fast-growing animal nutrition sector. “There’s a significant amount of opportunity across all of the commodity streams at low level sophistications or high level sophistications to add a significant amount of margin and that’s how we are thinking about the strategy going forward,” he said.

Articles in News Category
26 June 20202 min reading

Michael Larsen appointed as new Director of Sales at Inteqnion BV

Inteqnion b.v., part of the TRIOTT Group and one of Europe’s leading companies in process control...

11 June 20213 min reading

Turkey restricts pasta and bulgur exports due to drought

Turkish Ministry of Commerce added pasta, bulgur and wheat semolina to the list of goods subject ...