Archer Daniels Midland to acquire Crosswind Industries
Crosswind Industries is an industry leader in the manufacture of contract and private label pet treats and foods, as well as specialty ingredients.
Its 300 employees operate five processing lines across five Kansas facilities, with nine “ready for retail” packaging lines.
“The global pet food industry represents a strong opportunity for strategic growth, especially for a company with the global resources of ADM,” said Brent Fenton, president of ADM’s Animal Nutrition business.
“ADM already sells more than 50 ingredients and commodities that are used by more than 70 percent of all pet food companies in North America. Now, we’re taking the next step with the addition of Crosswind Industries to our global network.
“With five production facilities and a wide range of successful products, Crosswind represents a strong opportunity to expand our capabilities, and a great fit not just with the Animal Nutrition business, but across ADM’s wider portfolio of ingredients, colors and flavors for pets.”
ADM anticipates closing the deal in the coming weeks. ■
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