ADM recently announced it has reached an agreement to acquire UK-based business FDL, a developer and producer of premium flavour and functional ingredient systems.
FDL, with projected 2023 sales of approximately US$210 million, operates three production facilities and two customer innovation centres, both based in the UK. The company’s 235 colleagues, including 40 dedicated innovation specialists, have to date created more than 10,000 properietary flavour formulations.
“Our ongoing investments to add to our flavours portfolio are helping power our strategic work to build a global leader in Nutrition,” said Calvin McEvoy, President of Global Flavors, ADM. “FDL’s innovative and agile formulation knowledge, deep end-use applications expertise, and strong customer base make them a great addition to ADM’s global flavor capabilities. We are incredibly impressed by the FDL team, and we believe both companies will benefit from each other as we work to expand our reach in key channels, particularly foodservice.”
“We are excited to enter into this agreement with ADM. They’re an ideal partner for us, with global nutrition and flavour capabilities that will provide new opportunities to strengthen FDL’s portfolio of taste and nutrition solutions,” added Eric Beatty, CEO of FDL. “In turn, the FDL team looks forward to helping add to ADM’s broad offerings with our diverse portfolio of flavour and functional ingredient systems, IP, and capabilities, as well as the entrepreneurial spirit and innovativeness of human talent that has enabled FDL to become a differentiated market leader today. ADM is synonymous with the best in animal and human nutrition, and together, we look forward to delivering new and innovative ingredient solutions to our global customer base in the food and beverage industry.”
ADM is actively adding to its portfolio of flavour ingredients and solutions. Since acquiring WLD Flavors in 2014, the company has added multiple new offerings to its flavour portfolio through acquisitions, including dairy via Revela Foods (more recently); savoury through Eatern Foods; citrus through Florida Chemical Company and Eirch Ziegler Citrus; and vanilla via Rodelle.
Flavour capabilities have been expanded globally through acquisitions such as Flavor Infusion South America; investments in its flavour production facility in China and the expansion of its Berlin flavour facility; and its growing network of innovation centres across the world.
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