Nutrition company ADM has completed its acquisition of Comhan, a leading South African flavour distributor. The businesses have worked together for a number of years, with the formal acquisition now giving customers more direct access to ADM’s portfolio and network of experts.
“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,” said Calvin McEvoy, President Global Beverages ADM.
“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 flavors 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.”
The acquisition follows other investments in alternative flavour production, including the company’s recently opened facilities in Pinghu, China and Berlin, Germany.