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With Fundraising Harder Than Ever, Emerging Managers Get Creative

With Fundraising Harder Than Ever, Emerging Managers Get Creative
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Ingredient firms ADM, Doehler, complete acquisitions

ADM is poised to acquire dairy flavor firm Revela Foods while Doehler has acquired Serbian frozen fruits specialist Frikos.

ADM buys Wisconsin dairy flavoring company

ADM announced this week it has agreed to buy Revela Foods, a Wisconsin-based developer and manufacturer of dairy flavor ingredients.

ADM acquires Revela Foods, expands dairy flavor capabilities

Revela's dairy flavor ingredients and solutions will add new capabilities to Archer-Daniels-Midland's existing global dairy and savory flavors portfolio. With Revela’s projected sales of almost $240m in 2023, the acquisition will strengthen ADM’s global flavors portfolio in the $1.8bn global dairy flavors segment, as well as the $3.2bn global savory flavors segment.

ADM acquires Revela Foods, expands dairy flavor capabilities

Revela's dairy flavor ingredients and solutions will add new capabilities to Archer-Daniels-Midland's existing global dairy and savory flavors portfolio. With Revela’s projected sales of almost $240m in 2023, the acquisition will strengthen ADM’s global flavors portfolio in the $1.8bn global dairy flavors segment, as well as the $3.2bn global savory flavors segment.

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