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ADM completes acquisition of Gleadell Agriculture and Dunns

ADM announced it has completed the acquisition of remaining 50 percent stake of Gleadell Agriculture Ltd., currently jointly owned by ADM and InVivo. The companied said this investment will further increase customer service and processing capabilities.
Centennial agriculture giant Archer Daniels Midland Company (ADM) which is operating in more than 170 countries announced it has completed the acquisition of remaining 50 percent stake of Gleadell Agriculture Ltd., jointly owned by ADM and InVivo, including Gleadell’s wholly owned subsidiary Dunns (Long Sutton) Ltd. ADM will merge Gleadell and Dunns with ADM Arkady, ADM’s UK destination marketing business, and ADM Direct UK, ADM’s specialist combinable crop origination business to create ADM Agriculture Ltd, thus strengthening ADM’s presence across the UK.
The transaction is supposed to increase ADM’s origination, storage and destination marketing capabilities in the UK, allowing it to serve as the trading partner of choice for even more farmers and customers.
Established in 1880, Gleadell Agriculture Ltd. is a leading supplier of combinable crops to UK millers, feed compounders and other consumers, and a major exporter of grains, oilseeds and pulses to EU markets and further afield. The company sources crops directly from UK farmers and supplies certified seed and fertilizers. Key assets include port storage and ship loading operations along with extensive pulse and agricultural seed processing and storage.
Below is the statement from ADM regarding the acquisition:
“On February 20, ADM successful completed its acquisition of the remaining 50 percent stake of Gleadell Agriculture Ltd, including wholly owned subsidiary Dunns (Long Sutton) Ltd. In the coming weeks, ADM will merge Gleadell with ADM Arkady, ADM’s UK destination marketing business, and ADM Direct UK, ADM’s specialist combinable crop origination business, to create ADM Agriculture Ltd. This investment will further increase customer service and processing capabilities, widen existing UK footprint and strengthen ADM’s presence nationwide – positioning ADM as the trading partner of choice for even more farmers and customers.”

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