Announced

ADM to acquire Sojaprotein.

Synopsis

ADM, a global nutrition company, agreed to acquire Sojaprotein, a European provider of non-GMO soy ingredients. Financial terms were not disclosed. The addition would build on ADM’s recent investments in alternative proteins, including the company’s soy protein complex in Campo Grande, Mato Grosso do Sul, Brazil; its new pea protein plant in Enderlin, North Dakota; its PlantPlus Foods joint venture; and partnerships with innovative startups like Air Protein.

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