ADM expands EU corn processing footprint

ADM expands EU corn processing footprint

ARCHER Daniels Midland Co. (ADM) announced April 21 an agreement to purchase several assets of Eaststarch C.V., ADM's 50/50 joint venture with Tate & Lyle.

Under the terms of the agreement, ADM will take full ownership of corn wet mills in Bulgaria and Turkey and will own a 50% stake in a wet mill in Hungary. Tate & Lyle will receive a cash consideration of 240 million euros — subject to customary closing adjustments, including net cash and

All access premium subscription

This content requires a subscription to Feedstuffs in order to access. If you are a paid subscriber, use your email and password to Log In now.

Current Feedstuffs Subscribers: Online and mobile access are now included at no charge to you. To read this article, use your subscriber email and password to log-in to your account (or contact us for assistance in updating your account.)

Not Currently a Subscriber: Subscribe NOW to Feedstuffs and receive our print and/or digital publications, enewsletters and premium online content. Visit and click on Subscribe at the top of the page for more information.



Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.