Archer Daniels Midland (ADM) to Acquire Sojaprotein
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ADM Accelerates Growth of Leading Global Alternative Protein Platform with Planned Acquisition of Sojaprotein
July 26, 2021 8:05 AM EDTAddition 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