ADM has announced the expansion of its health and wellness products and solutions with an agreement to purchase U.S.-based Deerland Probiotics & Enzymes.
Related: ADM Expands Pet Treat & Supplement Reach with Acquisition
Deerland Probiotics & Enzymes is a global provider of 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 stability for wider use in food and beverage, pet nutrition and supplement applications. Based in Kennesaw, Georgia, Deerland operates five manufacturing facilities, one fermentation facility, and eight R&D and quality control laboratories globally.
The Deerland acquisition is the latest in a series of ADM strategic investments to build a full-scale global Health & Wellness business to help meet the growing demand for food, beverages and supplements that enhance health and wellbeing.
The transaction, which is subject to regulatory approval, is expected to be completed in the coming weeks; when that occurs, Deerland’s approximately 320 colleagues will transfer to ADM.
ADM chairman and CEO, Juan Luciano, said, “The microbiome represents one of ADM’s six strategic growth platforms, and with global demand for health and wellness products estimated at more than $775 billion, today’s investment represents a significant step forward for ADM. Deerland Probiotics & Enzymes is a leader in probiotic, prebiotic and enzyme technology, with global sales and manufacturing in the United States and Europe, and is a perfect fit for our growing portfolio of functional ingredients and solutions for health-conscious consumers. We expect the addition of the Deerland capabilities and portfolio to deliver synergies for our Health & Wellness business and support growth across our Nutrition business unit.”
Scott Ravech, Deerland Probiotics & Enzymes CEO, said, “The hand-in-glove fit of Deerland’s vast portfolio of branded technologies, clinical studies and world-class dosage form production capabilities combined with ADM’s Health and Wellness solutions is strong and unparalleled, allowing us to provide our dietary supplement, food/beverage and companion animal customers with a much broader array of products and capabilities. The Deerland team could not be more excited at the opportunity to be a part of the ADM family.”
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