ADM to acquire Algar Agro’s Brazilian oilseeds facilities

ADM to acquire Algar Agro’s Brazilian oilseeds facilities

US food processing company Archer Daniels Midland (ADM) has agreed to acquire certain assets of Brazil-based Algar Agro for an undisclosed price in a move to improve its position in key Brazilian meal and bottled oil markets. The assets involved in the deal are oilseeds processing plants in Uberlandia in Minas Gerais, and Porto Franco […]