ADM completes acquisition of WILD Flavors

11:37 AM, 6th October 2014

CHICAGO, US: Archer Daniels Midland Company (ADM) has completed the acquisition of WILD Flavors GmbH. ADM will form a new business unit, WILD Flavors and Specialty Ingredients, which will include the WILD business as well as products including - specialty proteins, emulsifiers edible beans, natural health and nutrition, soluble fiber, polyols, hydrocolloids. The new business unit will be a reportable segment beginning 1 January 2015.

“One of the most important ways we are working to increase returns and reduce earnings volatility is through the growth of our specialty ingredient offerings. These high-value products provide the opportunity for increased margins and strong sales aligned with global consumer trends. WILD Flavors is the latest in a series of strategic expansions in specialty ingredients, including our new Brazilian protein specialties complex and our Chinese soluble-fiber facility,” said Patricia Woertz, Chairman and CEO, ADM.

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