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Archer Daniels Midland Company
ADM Completes Acquisition of German Chocolate Manufacturer
June 14th, 2009
Archer Daniels Midland Company (NYSE:ADM) announced that is has completed the acquisition of the Schokinag-Schokolade-Industrie Herrmann GmbH & Co. KG, following approval by relevant antitrust authorities. The acquisition was announced on January 23, 2009. ADM Schokinag, headquartered in Mannheim, Germany, and one of Europe's leading producers of industrial chocolate and cocoa powder, has manufacturing facilities in Mannheim and in Manage, Belgium, as well as sales offices in Ludlow, England; and Bakersfield, Calif. "This acquisition is an important step in expanding ADM's global presence in industrial chocolate manufacturing and enables us to more...
Source: Pharma Investments, Ventures & Law Weekly (2009-06-14)
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