USA – ADM has acquired Brazilian natural plant-based extracts and ingredients manufacturer, Yerbalatina Phytoactives, in a deal that will expand the company’s ingredients production capabilities.
Yerbalatina uses proprietary cool-drying technology to transform fruits, vegetables and other plants – such as acerola, acai, guarana and green coffee – into a wide variety of extracts and ingredients for customers in the food, beverage and health industries.
The company produces more than 100 botanical products and solutions includes functional nutrition and health ingredients; organic food colorings; organic powdered fruits; organic vegetable milks; and organic nutritional extracts.
The acquisition will expand ADM’s already significant business in Brazil, where the company operates ana extensive human an animal nutrition business with production sites in Campo Grande, in Manaus and Uberlândia among other 13 animal nutrition facilities.
Commenting on the transaction, Vikram Luthar, president of ADM’s Health & Wellness business said: “We’re adding to our ability to meet those important needs for our customers.
“Yerbalatina’s wide array of natural botanical extracts — including organic-certified ingredients — combined with their R&D capabilities and market expertise, are exciting additions to our pantry as we continue to build our leadership position in science-based microbiome solutions for human and animal health.”
Vince Macciocchi, president of ADM’s Nutrition business added: “More and more consumers are turning to foods and supplements to help enhance health and wellness, and we are continuing to build a leadership position in that important market segment.
“The global retail market for foods, beverages and supplements that support health & wellness is estimated at US$750 billion, and growing.
“From prebiotics and probiotics to enzymes, botanical extracts, and nutritional oils, the breadth and depth of our expertise and our portfolio ensure that our customers have everything they need to lead in this space.
“The addition of Yerbalatina represents yet another tool in our portfolio as we continue to unlock the power of nature to enrich the quality of life.”
In the recent past, ADM has also invested significantly in growing its capabilities in the health & wellness market.
In 2017, the company acquired Biopolis, a leading European innovator in probiotics and other health-promoting microbial technologies and later partnered with Mayo Clinic to investigate microbial solutions to improve health and wellness.
ADM has also acquired Protexin, an innovative leader in natural healthcare and probiotic supplements for human, pet and production-animal use and further entered into a joint development agreement with Vland Biotech to develop and commercialize animal health enzymes.