ADM completes Rodelle acquisition
The acquisition adds premium and certified organic vanilla products to ADM’s portfolio.
Chicago-based Archer Daniels Midland Co. (ADM) said it completed its acquisition of Rodelle Inc., Fort Collins, Colo., an originator, processor and supplier of vanilla products.
“ADM offers customers a best-in-class portfolio of food and beverage ingredients and solutions, and now, with the addition of Rodelle, we’re adding another great piece to our capabilities,” said Scott Olstad, president of ADM’s North American WILD Flavors business. “Rodelle is a well-known and well-respected brand, with a great reputation for high-quality vanilla and other products. We’re particularly excited about its unique supply chain, which allows us to bring to our customers a range of certified organic and natural vanilla products.”
Rodelle processes and sells premium vanilla products, including organic and traditional extracts, beans, alcohol-free flavor and paste, ADM said. It also sells nonvanilla products, including flavorings, extracts, spice blends and organic spices.
In Madagascar, the company owns a stake in Federation Sahanala Vanille — a joint venture between Rodelle and a partnership of local associations that now includes more than 2,100 registered vanilla farmers. Rodelle also has a strategic partnership with Gourmet Gardens, providing sourcing of vanilla in Uganda, ADM said.
“This is an exciting time for ADM, as we continue to dramatically expand our human and animal nutrition capabilities,” said Vince Macciocchi, ADM’s senior vice president and president, nutrition. “Our goal is to be the world’s leading nutrition company, and we’re taking aggressive action to get there.”