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ADM acquiring Brazilian plant extract maker

by Melody M. Bomgardner
January 13, 2020 | APPEARED IN VOLUME 98, ISSUE 2

 

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Credit: AnitaFortis
Extracts of guarana give a boost to energy drinks.

The agribusiness giant ADM has agreed to buy Brazil’s Yerbalatina, a maker of plant-based extracts and ingredients. ADM says the deal will expand offerings in its health and wellness segment, which targets food, beverage, and supplement markets worth $750 billion per year. Yerbalatina uses a technology it calls cool drying to produce extracts of acerola, acai, guarana, green coffee, and other plants. Its catalog includes certified organic ingredients such as food colorings and vegetable milks.

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