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ADM to acquire citrus flavors & fragrances specialist Florida Chemical Co

By Elaine Watson contact

- Last updated on GMT

Picture: Istockphoto-Christopher-Pattberg
Picture: Istockphoto-Christopher-Pattberg

Related tags: Adm

Archer Daniels Midland Company (ADM) has struck a deal to acquire citrus oils and ingredients supplier Florida Chemical Company (FCC), a division of Flotek Industries, for an undisclosed sum.

ADM is already a leader in natural flavors for food and beverages, offering a wide variety of high-value products and solutions in areas such as vanilla and mint, and this acquisition will place us in a leadership position for citrus flavors as well​,” said Vince Macciocchi, president of ADM’s nutrition business unit.

“Citrus is one of the fastest-growing flavor categories, and the single most important taste profile for beverages, and no one in North America does citrus better than Florida Chemical Company.”

Based in Winter Haven, Florida, FCC produces citrus flavor materials and essential oils, including customized flavor blends; flavor enhancers for grapefruit and other citrus; and citrus flavor modifiers specifically designed to improve the quality and taste of food and beverages sweetened with natural or artificial sweeteners.

 “Starting with the foundation of a leading global flavor company (WILD) and our specialty ingredients portfolio, we’ve vastly expanded our capabilities with additions like the savory flavors of Eatem Foods, the plant proteins from Harvest Innovations, probiotics from Biopolis and Protexin, and Rodelle’s premium vanilla ingredients​,” added Macciocchi.

The deal, which requires regulatory approval, is expected to close in the first quarter of 2019. When completed, FCC’s approximately 75 employees will transfer to ADM.

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