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ADM to acquire French animal nutrition expert Neovia

ADM to acquire French animal nutrition expert Neovia

Archer Daniels Midland (AMD), one of the world’s largest agribusinesses, has agreed on exclusive terms to purchase French value added animal nutrition solution provider Neovia in a drive to expand ADM’s European footprint.DM chair and CEO Juan Luciano said the deal – with an approximate value of US$1.535bn – would be a transformative step for ADM’s animal nutrition business and a strategic investment in France.

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