Cargill $440 million acquisition of Archer Daniels Midland chocolate business

Overview:

• Cargill has acquired the Archer Daniels Midland (ADM) chocolate business for $440 million. 
• The business had assets in Switzerland; Pennsylvania, Wisconsin, Ontario, the United Kingdom, Belgium and Germany. 
• Assets include over 270 processing plants and 470 crop procurement facilities. 
• Cargill is a food and agricultural products producer.
• The deal was followed by the sale of ADM's global cocoa business to Olam.

Rani Mehta - Journalist