South Africa: Archer Daniels Midland acquires flavour distributor Comhan
Chicago-based global nutrition company Archer Daniels Midland (ADM) has acquired Comhan Products, a South African flavour distributor based in Sandton, with which it has worked for a number of years.
Calvin McEvoy, president global beverages at ADM, said: “This acquisition marks a very exciting moment for ADM, as we continue to develop our nutrition business in key growth markets including Africa. I am confident that this acquisition will open up opportunities for our customers in the region and build on the capabilities of our existing offices in Nigeria and Kenya.
“At ADM we believe it is critical to invest in flavour creation assets globally to extend production and supply chains, making it easier to get unique and consumer-preferred flavours to local customers. The acquisition of Comhan means we can bring together our 80 years’ experience in the flavour industry and Comhan’s unique market insight to generate innovative products which cater to local tastes and interests. Comhan’s business is currently focused on beverages, but through this new partnership we plan to grow the distribution capabilities to include food and savoury products.”
ADM’s other recent investments in alternative flavour production include its facilities in Berlin and Pinghu, China.