CHICAGO ADM has agreed to acquire Revela Foods, which develops and manufactures dairy flavor ingredients and systems. Revela Foods, a New Heritage Capital portfolio company based in New Berlin, Wis., has projected sales of nearly $240 million in 2023. Chicago-based ADM expects to complete the transaction early in 2024.
Revela, with $240 million in projected 2023 sales, adds to ADM’s portfolio with innovative technology to meet demand in the $1.8 billion dairy flavor segment
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Archer Daniels Midland (ADM) to Acquire Revela Foods streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
ADM Adds New Capabilities to Its Industry-Leading Flavor Business with Agreement to Acquire Revela Foods valdostadailytimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from valdostadailytimes.com Daily Mail and Mail on Sunday newspapers.
New Heritage Capital has closed its largest pool of capital yet to invest in high-growth, founder-led companies. The Boston-based private-equity firm has…