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Archer Daniels Midland has received antitrust approval to acquire Campa’s rapeseed crushing plant in Sraubing, Southern Germany, a plan originally announced in August.
The rapeseed crushing plant produces oil and meal for the food, feed and energy markets, and will strengthen ADM’s softseed presence in Central and Eastern Europe.
Joe Taets, managing director of ADM Europe, said: “The plant’s presence close to the markets of the Czech Republic, Hungary and Slovakia will enable ADM to work directly with the farming sector for the origination of softseed crops and will further enable the company to expand its leadership position in agricultural processing.”
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