CHICAGO
,
July 6, 2023
(press release)
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ADM (NYSE: ADM), a global leader in agricultural origination and processing and supply chain management, today announced the acquisition of Inc., owners of a pulse crop cleaning, milling and packaging facility in Vanscoy, Saskatchewan, Canada. "Everything at ADM starts with the farmer," said ADM commercial manager Aaron Brown. "Their success is our success, and we're excited to strengthen our relationships with Canadian pulse growers through the acquisition of . We'll be reaching out to producers about ADM's unique array of tools and resources to help them manage and grow their businesses – including our access to global markets, our work to create value for sustainable farming practices, and our technology partnerships." "This addition also expands our capabilities to meet the needs of our downstream customers, who are increasingly looking at pulses as protein sources for both human and animal nutrition products," Brown added. “The enduring global trends of sustainability and food security are powering growth in alternative proteins, and ADM is continuing to invest to ensure we're at the forefront of meeting those needs. We look forward to working with farmers and the great team at to expand employment opportunities in Vanscoy and enhance our capability to supply the growing demand for pulse products." operations in Vanscoy – which include origination, 12,000 MT of bulk storage, cleaning, milling, sorting, sizing and bagging – will double ADM's pulse footprint in the region. The pulse dehulling and splitting facility transforms lentils, chickpeas and peas into shelf- and food-ready products for domestic and international consumption. "This is an exciting opportunity for , our staff, and customers," said President and CEO Allan Wagner. "ADM is a global leader in agribusiness, transportation and processing, as well as the fast-growing alternative protein sector that our products serve. I'm excited, honored and proud to join the ADM team, whose guidance, strength and leadership will be a tremendous boost to our efforts to maintain, expand and grow our business." ADM's current services and operations in Saskatchewan include pulse origination and cleaning in North Battleford, canola crushing in Lloydminster, oilseed sourcing in Watson, and fertilizer sales and distribution in Lajord and Yorkton. Farmers interested in more information can contact Mike McDonald (michael.mcdonald2@adm.com, 306-445-4022) or Scott Wagner (scott@prairiepulse.com, 306-249-9245). About ADM ADM unlocks the power of nature to enrich the quality of life. We're a premier global human and animal nutrition company, delivering solutions today with an eye to the future. We're blazing new trails in health and well-being as our scientists develop groundbreaking products to support healthier living. We're a cutting-edge innovator leading the way to a new future of plant-based consumer and industrial solutions to replace petroleum-based products. We're an unmatched agricultural supply chain manager and processor, providing food security by connecting local needs with global capabilities. And we're a leader in sustainability, scaling across entire value chains to help decarbonize our industry and safeguard our planet. From the seed of the idea to the outcome of the solution, we give customers an edge in solving the nutritional and sustainability challenges of today and tomorrow.
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