ROLLE, SOUTH AFRICA — ADM has accomplished the acquisition of Comhan, a taste distributor primarily based 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 vitamin enterprise in key progress markets, together with Africa,” stated Calvin McEvoy, president of worldwide drinks at ADM. “I’m assured that this acquisition will open up alternatives for our clients within the area and construct on the capabilities of our present workplaces in Nigeria and Kenya.
“At ADM we consider it’s vital to spend money on taste creation belongings globally to increase manufacturing and provide chains, making it simpler to get distinctive and consumer-preferred flavors to native clients. The acquisition of Comhan means we will 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 present centered on drinks however via this new partnership we plan to develop the distribution capabilities to incorporate meals and savory merchandise.” Source