M&A Deal Summary

ADM Acquires Neovia

On July 2, 2018, ADM acquired food company Neovia for 1.5B EUR

Acquisition Highlights
  • This is ADM’s 16th transaction in the Food sector.
  • This is ADM’s largest (disclosed) transaction.
  • This is ADM’s 2nd transaction in France.

M&A Deal Summary

Date 2018-07-02
Target Neovia
Sector Food
Buyer(s) ADM
Deal Type Add-on Acquisition
Deal Value 1.5B EUR

Target

Neovia

Vannes, France
Neovia is an animal nutrition company that produces feed for pork, poultry, aquaculture, ruminants and horses. Neovia was established in 1954 and is headquartered in Vannes, France.

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Buyer(S) 1

Buyer

ADM

Chicago, Illinois, United States

Category Company
Founded 1902
Sector Agriculture
Employees42,383
Revenue 85.5B USD (2024)
DESCRIPTION
Entrance to ADM's corporate headquarters in downtown Chicago, Illinois.
Entrance to ADM's corporate headquarters in downtown Chicago, Illinois.

ADM is a processor of oilseeds, corn, wheat, cocoa, and other agricultural commodities and is a manufacturer of protein meal, vegetable oil, corn sweeteners, flour, biodiesel, ethanol, and other value-added food and feed ingredients. The Company also has a global grain elevator and transportation network to procure, store, clean, and transport agricultural commodities, such as oilseeds, corn, wheat, milo, oats, and barley, as well as processed agricultural commodities. ADM was founded in 1902 and is based in Chicago, Illinois.


DEAL STATS #
Overall 31 of 46
Sector: Food M&A 16 of 23
Type: Add-on Acquisition M&A Deals 19 of 32
Country: France M&A 2 of 2
Year: 2018 M&A 1 of 4
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-08 Industries Centers

Israel

Industries Centers is specializing in the import and distribution of agricultural feed products. It has offices in the Tel Aviv area, and operates a 45,000 MT storage facility strategically located at the Port of Ashdod. The company has a significant and diversified customer base within Israel.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-23 Rodelle

Fort Collins, Colorado, United States

Rodelle, Inc. is a premium originator, processor and supplier of vanilla products. The company also sells non-vanilla products, including flavorings, extracts, spice blends and organic spices. In Madagascar, the company owns a stake in Federation Sahanala Vanille — a joint venture between Rodelle and a partnership of local associations that now includes more than 2,100 registered vanilla farmers — and is capable of producing industry-leading volumes of certified organic vanilla. Rodelle also has a strategic partnership with Gourmet Gardens, providing sourcing of vanilla in Uganda. Rodelle, founded in 1936 and based in Fort Collins, Colorado.

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