ADM completes acquisition of Chamtor

Food ingredients manufacturer Archer Daniels Midland Company (ADM) has completed the acquisition of French producer of wheat-based sweeteners and starches Chamtor.

ADM said that France was well-known in Europe for its wheat production capabilities and was a key destination market for starch-based products.

“Its Bazoncourt plant is ideally located at the heart of the cereal market and within reach of customers across Spain, Germany, France and Benelux,” said Pierre Duprat, president of ADM Europe, Middle East and Africa. “We are excited to add our global capabilities to an already-strong business so that together we can meet growing customer needs throughout the region.”

The French facility, which produces glucose, starch and proteins from wheat, is the most recent in a series of enhancements to ADM’s global sweetener and starch capabilities. In 2015, ADM purchased full ownership of corn wet mills in Bulgaria and Turkey, and a 50% stake in a wet mill in Hungary.

Last year, the company acquired a sweetener and starch facility in Morocco, and announced expansion plans for the Turkey and Bulgaria plants.

“With increasing demand for sweeteners and starches in Europe, the Middle East and North Africa, ADM is expanding in the region to ensure we meet those growing customer needs,” Duprat added.

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