19 Dec 2023 --- ADM has agreed to acquire Revela Foods, a US developer and manufacturer of dairy flavor ingredients and solutions. The Wisconsin-based company had projected sales of almost US$240 million in 2023 and will add new capabilities to ADM’s global flavors portfolio in the US$1.8 billion global dairy flavors segment and US$3.2 billion savory flavors segment. The acquisition is subject to customary closing conditions and regulatory approvals. ADM intends to complete the transaction early in 2024.
