ADM has announced that it has completed the acquisition of Comhan, a South African flavor distributor. ADM has worked together with the local business for a number of years, with the formal acquisition now giving new and current customers more direct access to ADM’s portfolio.
Calvin McEvoy, president of Global Beverages, ADM, said, “This acquisition marks a very exciting moment for ADM, as we continue to develop our Nutrition business in key growth markets including Africa. I am confident that this acquisition will open up opportunities for our customers in the region and build on the capabilities of our existing offices in Nigeria and Kenya.”
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McEvoy added, “At ADM, we believe it is critical to invest in flavor creation assets globally to extend production and supply chains, making it easier to get unique and consumer-preferred flavors to local customers. The acquisition of Comhan means we can bring together our 80 years of experience in the flavor industry and Comhan’s unique market insight to generate innovative products which cater to local tastes and interests. Comhan’s business is currently focused on beverages but through this new partnership we plan to grow the distribution capabilities to include food and savory products.”