ADM acquires UK’s Classic Couverture
Archer Daniels Midland Company (NYSE: ADM) today announced the expansion
of its industrial chocolate manufacturing capabilities in Europe through
the acquisition of Classic Couverture, a Liverpool, United Kingdom-based
chocolate manufacturer, from Edward Billington and Son Ltd.
“This acquisition provides a solid platform for ADM Cocoa’s expansion in
European industrial chocolate manufacturing, allowing us to better serve
our customers’ finished chocolate needs,” stated Mark Bemis,
President-ADM Cocoa. “Classic Couverture’s state-of-the-art
manufacturing plant in Liverpool complements our existing facilities in
Europe, allowing us to maximize synergies between operations.”
ADM is a global leader in cocoa processing with plants in North and
South America, Europe, Asia and Africa. ADM is a premier industrial
chocolate manufacturer in North America, and is building a
state-of-the-art chocolate facility in Hazleton, Pennsylvania.
About ADM
Archer Daniels Midland Company (ADM) is a world leader in agricultural
processing and fermentation technology. ADM is one of the world’s
largest processors of soybeans, corn, wheat and cocoa. ADM is also a
leader in the production of soybean oil and meal, ethanol, corn
sweeteners and flour. In addition, ADM produces value-added food and
feed ingredients. Headquartered in Decatur, Illinois, ADM has over
26,000 employees, more than 240 processing plants and net sales for the
fiscal year ended June 30, 2006 of $36.6 billion. Additional www.adm.com.
ADM Media Relations
217/424-5413
media@adm.com