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Consumer Products

ADM buys U.K. probiotics firm

by Melody M. Bomgardner
August 26, 2018 | A version of this story appeared in Volume 96, Issue 34

 

Archer Daniels Midland has expanded its reach in nutraceuticals with the $240 million acquisition of Probiotics International. The U.K. firm is known for its Protexin brand of live bacteria probiotics, which are used as supplements. It also sells other health care products for people, pets, and livestock. Last year, ADM bought Biopolis, a provider of microbial technologies, and it has announced research partnerships in the prebiotics, probiotics, personalized nutrition, and animal-health enzyme markets.

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