ADM and Alltech Announce North American Animal Feed Joint Venture

Details

The joint venture aims to transition ADM's animal nutrition business into higher margin specialty ingredients. The joint venture, expected to launch in Q1 2026, will be majority-owned by Alltech and managed by a board with equal representation from each company. ADM will contribute its 11 U.S. complete feed mills, while Alltech will contribute its U.S.-based Hubbard Feeds and Canada-based Masterfeeds businesses. The transaction is not expected to materially impact ADM's 2025 financial results.

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About Archer-Daniels-Midland Co.

Archer-Daniels-Midland Co. is a global food processing and commodities trading corporation. Its primary function is to procure, transport, store, process, and merchandize a wide variety of agricultural products. Notably involved in the production of oilseeds, corn, wheat, and cocoa, the company plays a critical role in creating essentials like food and animal feed ingredients, renewable fuels, and other industrial products. Archer-Daniels-Midland impacts sectors such as agriculture, energy, and nutrition. Additionally, it emphasizes sustainable practices, focusing on responsible production and supply chain management. Established in 1902, the company has grown to become a significant player in the agricultural industry, with operations spanning over various continents, fortifying its market significance by ensuring food security and supporting energy alternatives like ethanol. Archer-Daniels-Midland serves a broad array of customers, including food manufacturers and industrial processors, by converting natural products into key ingredients and solutions, thus driving forward the global food supply chain.