ADM to acquire Florida Chemical Company

Archer Daniels Midland Company (ADM) has struck a deal to acquire citrus oils and ingredients supplier Florida Chemical Company (FCC), a division of Flotek Industries, for an undisclosed sum. The deal is expected to close in Q1 2019.

“Citrus is one of the fastest-growing flavor categories, and the single most important taste profile for beverages, and no one in North America does citrus better than Florida Chemical Company.”foodnavigator.com

• 1 source
• foodnavigator.comADM to acquire citrus flavors & fragrances specialist Florida Chemical CoElaine WatsonJan 11, 2019

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