Archer Daniels Midland set to buy Wild Flavors

Archer Daniels Midland (ADM +0.8%) is closing in on a deal to purchase Wild Flavors for $3.4B.

Sources indicate the company outbid Ajinomoto for the property owned by KKR.

Wild Flavors manufactures flavors and colors for the food industry with a particular focus on healthy products.

From other sites
Comments (4)
  • iosum
    , contributor
    Comments (89) | Send Message
    Interesting, wonder if this will be used to color/ flavor SZYM's oils made in ADM's plant?
    3 Jul 2014, 06:20 PM Reply Like
  • Trev W
    , contributor
    Comments (17) | Send Message
    I used to work in the food manufacturing business. Wild fruit punch was the best out there.
    4 Jul 2014, 12:33 AM Reply Like
  • Roy Anderson
    , contributor
    Comments (21) | Send Message
    I used to work in the flavors industry before I retired. The flavors industry is all about creating the latest buzz. Product life can be measured in months. Success is all about getting to market with the newest, latest sensation. Wild is especially good with new age and energy beverages in their USA office. The corporate personality is the exact opposite of a commodities producer like ADM who reaches success with efficiency and shaving tenths of a cent off the cost of the product. My gut feel is an unhappy marriage, unless ADM shows exceptional wisdom and lets Wild run it's own show.
    4 Jul 2014, 06:46 AM Reply Like
  • Chartchecker
    , contributor
    Comments (60) | Send Message
    when will they buy Burcon Nutrascience, the inventor of CLARISOY ?
    7 Jul 2014, 04:21 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs