ADM completes FCC acquisition, adding high-value citrus capabilities to support growth of its nutrition portfolio
Archer Daniels Midland Company (NYSE: ADM) has announced that it has completed its acquisition of Florida Chemical Company, one of the world’s largest natural citrus oils and ingredients manufacturers.
“Citrus is a key flavor for the beverage industry, and one of the essential flavors—along with vanilla and mint—in any complete solution portfolio for today’s evolving consumer needs,” said Vince Macciocchi, ADM senior vice president and president, Nutrition. “By adding industry-leading citrus capabilities to ADM’s already best-in-class portfolio of natural, clean-label ingredients, we can now provide one-stop shopping for essential flavors as well as an unparalleled array of other innovative food and beverage products, solutions and systems. And it’s all supported by our unmatched R&D capabilities, our global logistics network, and our steadfast commitment to the very best customer service.”