Wild Flavors

Archer Daniels Midland (ADM), a food processing and commodity-trading business based in the USA, has purchased the German flavour and fragrance company Wild Flavors. Announcing the acquisition in a statement, ADM said that the deal was an all-cash transaction valued at approximately €2.3 billion ($3.1 billion) enterprise value, including the assumption of €0.1 billion ($0.14 billion) net debt. The acquisition would allow ADM to offer food and beverage companies a comprehensive …