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Archer Daniels Midland Company
ADM Acquires German Rapeseed Crushing Plant
August 31st, 2008
Archer Daniels Midland Company (NYSE:ADM) announced that it has signed an agreement to acquire the assets of Campa Sued GmbH & Co KG, subject to clearance by relevant antitrust authorities. Campa Sued GmbH & Co KG, based in Straubing, Southern Germany, operates a rapeseed crushing plant that produces oil and meal for the food, feed and energy markets. "As ADM expands its leadership position in agricultural processing, this acquisition strengthens our softseed activities in Central and Eastern Europe, where we previously had no processing presence," said Joe Taets, managing director, ADM Europe. "Campa's location on the Danube River, with a presence...
Source: Pharma Investments, Ventures & Law Weekly (2008-08-31)
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