Archer Daniels Midland (ADM) has acquired Yerbalatina Phytoactives, a manufacturer of natural plant-based extracts and ingredients.
Based in Brazil, Yerbalatina uses proprietary cool-drying technology to transform fruits, vegetables, and other plants — such as acerola, acai, guarana and green coffee — into a wide variety of extracts and ingredients for customers in the food, beverage and health industries.
Yerbalantina has a range of more than 100 botanical products and solutions including functional nutrition and health ingredients; organic food colourings; organic powdered fruits; organic vegetable milks; and organic nutritional extracts.
ADM President of Health and Wellness, Vikram Luthar, explained that the Chicago-based nutrition company is a player in fortified foods, beverages and supplements. Luthar said: “Yerbalatina’s wide array of natural botanical extracts — including organic-certified ingredients — combined with their R&D capabilities and market expertise, are exciting additions to our pantry as we continue to build our leadership position in science-based microbiome solutions for human and animal health.”
This acquisition expands ADM’s already significant 6,000-person-strong business in Brazil. The company operates a human and animal nutrition business, including an alternative protein production complex in Campo Grande; beverage extracts, bases and compounds production in Manaus and Uberlândia; and 13 animal nutrition facilities.
In addition, ADM processes oilseeds at eight locations across Brazil, producing meal and renewable biodiesel, as well as a portfolio of consumer oils under the Concordia, Corcovado, ABC and Vitaliv brands.