ADM to acquire Deerland

By Hank Schultz

- Last updated on GMT

©Getty Images - vittaya25
©Getty Images - vittaya25

Related tags Probiotic Probiotics

Global food ingredients giant ADM announced today it will acquire Deerland Probiotics & Enzymes, significantly expanding its capacity in microbiome-targeted ingredients.

In a press release, ADM said the acquisiton is continuation of an ongoing strategy, which has seen the Chicago-based firm expand probiotic manufacturing at a facility in Spain as well acquire Protexin and Biopolis.  It’s part of move to take a bigger share of what ADM says is a massive global maket for health & wellness products.

“The microbiome represents one of ADM’s six strategic growth platforms, and  with global demand for health and wellness products estimated at more than  $775 billion, today’s investment represents a significant step forward for  ADM,” ​said ADM Chairman and CEO Juan Luciano.

“Deerland Probiotics &  Enzymes is a leader in probiotic, prebiotic and enzyme technology, with global  sales and manufacturing in the U.S. and Europe, and is a perfect fit for our  growing portfolio of functional ingredients and solutions for health-conscious  consumers. We expect the addition of the Deerland capabilities and portfolio to deliver synergies for our Health & Wellness business and support growth across our Nutrition business unit.” 

Among ADM’s earlier forays into supplement ingredients was a deal to bring an algal DHA to market​.  That has now blossomed into a full line of omega-3 ingredients from algae and flax ingredients.

Related topics Ingredients Functional Beverages

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