ADM will acquire dairy flavor supplier Revela Foods
The acquisition will enhance ADM’s flavor portfolio.
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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.
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