Close

Archer Daniels Midland (ADM) to Acquire Sojaprotein

Go back to Archer Daniels Midland (ADM) to Acquire Sojaprotein

ADM Accelerates Growth of Leading Global Alternative Protein Platform with Planned Acquisition of Sojaprotein

July 26, 2021 8:05 AM EDT

Addition of largest producer of plant-based protein in southern Europe would enhance production capacity, expand capabilities to meet fast-growing global demand for plant-based proteins

CHICAGO--(BUSINESS WIRE)-- Global nutrition leader ADM (NYSE: ADM) announced today that it has reached an agreement to acquire Sojaprotein, a leading European provider of non-GMO soy ingredients.

Established in 1977, Serbia-based Sojaprotein has sales into 65 countries, offering a wide array of non-GMO vegetable protein ingredients for an extensive list of European and global customers in the meat alternative, confectionary, protein bar, pharmaceutical, pet food, and... More