ROLLE, SOUTH AFRICA — ADM has accomplished the acquisition of Comhan, a taste distributor based mostly in South Africa. The acquisition is anticipated to strengthen ADM’s taste capabilities and attain within the African market.
“This acquisition marks a really thrilling second for ADM, as we proceed to develop our diet enterprise in key progress markets, together with Africa,” mentioned Calvin McEvoy, president of worldwide drinks at ADM. “I’m assured that this acquisition will open up alternatives for our prospects within the area and construct on the capabilities of our current workplaces in Nigeria and Kenya.
“At ADM we imagine it’s vital to put money into taste creation property globally to increase manufacturing and provide chains, making it simpler to get distinctive and consumer-preferred flavors to native prospects. The acquisition of Comhan means we are able to deliver collectively our 80 years’ expertise within the taste trade and Comhan’s distinctive market perception to generate progressive merchandise that cater to native tastes and pursuits. Comhan’s enterprise is at the moment centered on drinks however by way of this new partnership we plan to develop the distribution capabilities to incorporate meals and savory merchandise.”
Supply: Meals Enterprise
