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CHICAGO, ILLINOIS, US — ADM on Nov. 19 completed its acquisition of Kennesaw, Georgia, US-based Deerland Probiotics & Enzymes. Financial details of the transaction, which was first announced Nov. 3, were not disclosed.

“One of the fundamental structural demand trends driving ADM’s growth is consumers’ increasing focus on health and well-being, with global demand for health and wellness products estimated at more than $775 billion,” said Vince Macciocchi, president of ADM’s Nutrition business. “About 4 in 10 global consumers are seeking microbiome ingredients — prebiotics, probiotics and postbiotics — in customized food and beverage products. ADM’s global capabilities and portfolio make it the unquestioned provider of choice to meet that demand. From our Protexin and Biopolis businesses in Europe, to our recently-announced proposed joint venture with Vland in China, to this most recent exciting addition of US-based Deerland, ADM today offers a truly global, full-service, science-backed health and wellness business that is well positioned to meet fast-growing demand from consumers who are eager for a wide variety of food, beverages and supplements that enhance health and well-being.”

Deerland Probiotics & Enzymes provides probiotic and dietary supplements using probiotic, prebiotic, and enzyme technology, including 12 branded product lines serving customers in areas including digestive health, immune health, women’s health, food intolerance, sports nutrition, cellular repair, and systemic and cardiovascular health. The company’s products and solutions include spore probiotics, which offer enhanced stability for a wider use in food and beverage, pet nutrition and supplement applications. Deerland operates five manufacturing facilities, one fermentation facility, and eight R&D and quality control laboratories globally.

“I’m particularly proud to welcome the Deerland team to ADM,” Macciocchi added. “They’ve built a truly groundbreaking business, and we’re excited to work with them to power growth, strengthen ADM’s innovation leadership in dietary supplements and functional foods, and serve customers around the world.” MBN

Source: World Grain