ADM - ADM Enhances Flavor Power: Acquires Revela Foods To Spice Up Global Portfolio | Benzinga
Archer-Daniels-Midland Company (NYSE: ADM) disclosed the acquisition of Revela Foods for an undisclosed amount.
The acquisition will boost the company's global flavor portfolio. Revela is a Wisconsin-based developer and manufacturer of innovative dairy flavor ingredients and solutions, with projected sales of around $240 million in 2023.
Revela operates three state-of-the-art production facilities in the U.S. Midwest with around 400 employees.
Calvin McEvoy, ADM's president ...