CHICAGO--(BUSINESS WIRE)--ADM (NYSE: ADM) announced today that it has acquired Yerbalatina
Phytoactives, a pioneering natural plant-based extracts and ingredients
manufacturer.
“ADM is a global leader in nutrition, and we are proud to be at the
cutting edge of many of today’s trends, including those toward fortified
foods, beverages and supplements that enhance health and come from
natural sources. Today, we’re adding to our ability to meet those
important needs for our customers,” said Vikram Luthar, president of
ADM’s Health & Wellness business. “Yerbalatina’s wide array of natural
botanical extracts — including organic-certified ingredients — combined
with their R&D capabilities and market expertise, are exciting additions
to our pantry as we continue to build our leadership position in
science-based microbiome solutions for human and animal health.”
Based in Brazil, Yerbalatina uses proprietary cool-drying technology to
transform fruits, vegetables and other plants – such as acerola, acai,
guarana and green coffee – into a wide variety of extracts and
ingredients for customers in the food, beverage and health industries.
Its range of more than 100 botanical products and solutions includes
functional nutrition and health ingredients; organic food colorings;
organic powdered fruits; organic vegetable milks; and organic
nutritional extracts.
“More and more consumers are turning to foods and supplements to help
enhance health and wellness, and we are continuing to build a leadership
position in that important market segment,” said Vince Macciocchi,
president of ADM’s Nutrition business. “The global retail market for
foods, beverages and supplements that support health & wellness is
estimated at $750 billion, and growing. From prebiotics and probiotics
to enzymes, botanical extracts, and nutritional oils, the breadth and
depth of our expertise and our portfolio ensure that our customers have
everything they need to lead in this space. The addition of Yerbalatina
represents yet another tool in our portfolio as we continue to unlock
the power of nature to enrich the quality of life.”
This acquisition expands ADM’s already significant business in Brazil.
The company operates an extensive human and animal nutrition business,
including an alternative protein production complex in Campo Grande;
beverage extracts, bases and compounds production in Manaus and
Uberlândia; and 13 animal nutrition facilities. In addition, ADM
processes oilseeds at eight locations across Brazil, producing meal and
renewable biodiesel, as well as a significant portfolio of consumer oils
under the Concordia, Corcovado, ABC and Vitaliv brands. ADM has more
than 6,000 employees in Brazil.
Timeline of Recent ADM Health & Wellness Growth Investments
2017
• Acquisition of Biopolis, a leading European innovator in probiotics
and other health-promoting microbial technologies.
• Collaboration with Mayo Clinic to investigate microbial solutions to
improve health and wellness.
2018
• Acquisition of Protexin, an innovative leader in natural healthcare
and probiotic supplements for human, pet and production-animal use
• Joint development agreement with Vland Biotech to develop and
commercialize animal health enzymes
• New enzyme lab in Davis, California.
2020
• Acquisition of Yerbalatina Phytoactives
Forward-Looking Statements
Some of the above statements constitute forward-looking statements.
ADM’s filings with the SEC provide detailed information on such
statements and risks, and should be consulted along with this release.
To the extent permitted under applicable law, ADM assumes no obligation
to update any forward-looking statements.
About ADM Nutrition
ADM is a world-leading nutrition company with the widest range of
specialty ingredients, blends, systems and experience. We move customers
from concept to launch faster with sustainable, differentiated products
that address their evolving needs. ADM helps our customers create
consumer-preferred nutritional solutions through our on-trend and
customizable portfolio of natural flavors and colors; an unmatched range
of plant-based proteins; industry-leading, science-backed bioactives; as
well as specialty ingredients such as hydrocolloids, lecithin, Omega-3
solutions, probiotics, polyols, texturants, soluble fibers and much
more. Our talented team also provides consumer insights and
intelligence; sensory expertise; culinary creativity; and full
product-development services.
About ADM
At ADM, we unlock the power of nature to provide access to nutrition
worldwide. With industry-advancing innovations, a complete portfolio of
ingredients and solutions to meet any taste, and a commitment to
sustainability, we give customers an edge in solving the nutritional
challenges of today and tomorrow. We’re a global leader in human and
animal nutrition and the world’s premier agricultural origination and
processing company. Our breadth, depth, insights, facilities and
logistical expertise give us unparalleled capabilities to meet needs for
food, beverages, health and wellness, and more. From the seed of the
idea to the outcome of the solution, we enrich the quality of life the
world over. Learn more at www.adm.com.
ADM Media Relations
Jackie Anderson
media@adm.com
312-634-8484