New ADM venture offers end-to-end supply chain services in Egypt

Company now owns 50% stake in Cairo, Egypt-based Medsofts.

Archer Daniels Midland Co. (ADM) and Medsofts Group announced that they have completed their previously announced transaction and are launching ADM Medsofts, a 50/50 joint venture that will offer commodity merchandising, transportation and delivery services to customers in Egypt.

“By combining ADM’s global network with Medsofts’ Egypt merchandising and logistics expertise, ADM Medsofts offers customers unparalleled, end-to-end supply chain services at competitive prices,” said Joe

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