ADM acquires Probiotics International Limited for US$242m

USA - Archer Daniels Midland Company (ADM) has announced that it has reached an agreement to acquire Probiotics International Limited (PIL), a U.K.-based provider of probiotic supplements for human, pet, and production-animal use, valued at US$242 million. According to the company, the agreement will expand its health and wellness capabilities with the fully integrated probiotics…