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ADM Acquires Czech Oilseed Plant |
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Wednesday, 14 October 2009 |
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Archer Daniels Midland Company (ADM) announced in October of the
expansion of its European oilseed processing capabilities with the acquisition of ViaChem Group’s oilseed processing assets in Olomouc, Czech Republic.
This facility, consists of an oilseed crushing, refining and biodiesel
plant. Brent Fenton, managing director, ADM Europe
said, “This new site will support ADM’s expansion of its rapeseed and sunseed
origination network in Central Europe. In line with ADM’s strategy to expand
the size and global reach of our core model, this acquisition increases the
Company’s presence in the growing Eastern European market.”
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