Corn Products CEO discusses National Starch acquisition
At last week's IFT show in Chicago, FoodNavigator-USA's Stephen Daniells met Ilene Gordon, CEO of Corn Products International, to discuss the wider implications of the company's National Starch acquisition last month.
Gordon said that the $1.3bn deal could signify the start of more consolidation in the industry - not as a result of economic pressure, but as a result of companies looking for ways to grow.
She also discussed how the acquisition fits with Corn Products' corporate strategy to grow organically and geographically, particularly in Asia and Europe, where National Starch already has a strong presence.
