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Article: Acquisitions/mergers
- Article from:
- International News on Fats, Oils and Related Materials : INFORM
- Article date:
- September 1, 2008
- Author:
CopyrightCopyright AOCS Press Sep 2008. Provided by ProQuest LLC. (Hide copyright information)
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Archer Daniels Midland Co. (Decatur, Illinois, USA) announced in August that it will acquire the assets of Campa Süd GmbH & Co. KG, subject to clearance by antitrust authorities. Campa Süd, based in Straubing, Germany, operates a rapeseed crushing plant that produces oil and meal for the food, feed, and energy markets. The managing director of ADM Europe noted that the purchase strengthens the company's softseed activities in Central and Eastern Europe, where ADM previously had no processing presence.
Saudi Arabia's Savola Group announced in July that it will buy 80% of Agro Processors, Pakistan's third-largest edible oil producer, according to the Reuters news agency. Savola also is ...