ADM will acquire dairy flavor supplier Revela Foods
The acquisition will enhance ADM’s flavor portfolio.
Photo © iStockphoto.com
ADM (Chicago) announced plans to acquire Wisconsin-based company Revela Foods. Revela Foods is a developer and manufacturer of dairy flavor ingredients. ADM says the acquisition would boost its own flavor-ingredient offerings.
“Revela, with projected sales of almost $240 million in 2023, would add new capabilities to ADM’s global flavors portfolio in the $1.8 billion global dairy flavors segment as well as the $3.2 billion savory flavors segment,” an ADM press release states.
Revela employs innovative enzyme technology that enables it to develop a broad range of clean-label flavors for dairy applications, including snacks and frozen meals, sauces, dressings, soups, seasonings, and desserts, the press release adds.
Revela operates three production facilities in the U.S. Midwest and employs 400 people.
Senate Committee has released the text of 2024 Farm Bill, with changes to hemp regulations
November 19th 2024The U.S. Senate Committee on Agriculture, Nutrition, & Forestry has introduced the Rural Prosperity and Food Security Act, which will serve as the Senate’s draft for the 2024 Farm Bill.
