Bunge to acquire 70% of specialty oils major IOI Loders Croklaan

SWITZERLAND – Bunge, a leading global agribusiness and food company, has entered into a definitive agreement to acquire a 70% ownership interest in IOI Loders Croklaan, a global leader in specialty oils for the food and related industry, from IOI Corporation Berhad for US$946 million. The transaction, comprising €297 million and $595 million in cash, expands…

ADM partners Mayo Clinic in personalised nutrition venture

USA – Archer Daniels Midland Company, ADM, one of the world’s largest agricultural processors and food ingredient providers, has announced a collaboration agreement with Mayo Clinic to build both companies capacity in the personalised nutrition business. The company is set to work with Mayo’s Microbiome Program, led by Dr Heidi Nelson to investigate microbial solutions…