date:Jul 25, 2018
Archer Daniels Midland Company (ADM) has reached an agreement to acquire Rodelle Inc., a premium originator, processor and supplier of vanilla products. The acquisition will see ADM's vanilla capabilities expand and it also includes an equity stake in farmer cooperative in Madagascar, part of the most extensive vertically integrated supply chain in the vanilla industry. Financial details of the deal have not been disclosed and ADM anticipates the transaction, which is subject to regulatory appro