CHICAGO — The Archer Daniels Midland Co. has agreed to obtain the Ziegler Group, a provider of organic citrus flavor components, Chicago-primarily based ADM mentioned March 15. Founded in 1963 and primarily based in Aufsess, Germany, the Ziegler Group utilizes proprietary cold concentration technologies to generate organic citrus oils, extracts, concentrates and compounds for flavor, meals and beverage sector shoppers in Europe, the United States and Japan.
The announcement came two weeks following Chicago-primarily based ADM reported it had completed the acquisition of Florida Chemical Co., Winter Haven, Fla., which specializes in citrus-primarily based flavors and fragrances.
“Ziegler is extremely respected as a cutting-edge leader in citrus, and we’re excited to welcome their outstanding leadership and talent to ADM,” mentioned Vince Macciocchi, president of ADM’s Nutrition small business. “The mixture of Ziegler and Florida Chemical will instantly position ADM for development as a worldwide leader in organic citrus components, with a total variety of revolutionary citrus options and systems for meals, beverage and fragrance shoppers.”
The Ziegler Group transaction is anticipated to close in the second quarter of 2019.
“Citrus is a single of the quickest-increasing, highest-demand flavors for meals and beverages, which is why the creation of a worldwide citrus platform supplying a total solution line for our shoppers is such an significant capability for our development method,” Mr. Macciocchi mentioned.