ADM to acquire Gleadell Agriculture Ltd and Dunns Ltd

Archer Daniels Midland Company has agreed to purchase the remaining 50 percent stake of Gleadell Agriculture Ltd., currently jointly owned by ADM and InVivo, including Gleadell’s wholly owned subsidiary Dunns (Long Sutton) Ltd. ADM will merge Gleadell and Dunns with ADM Arkady, ADM’s UK destination marketing business, and ADM Direct UK, ADM’s specialist combinable crop origination business to create ADM Agriculture Ltd, thus strengthening ADM’s presence across the UK.

The transaction will increase ADM’s origination, storage and destination marketing capabilities in the UK, allowing it to serve as the trading partner of choice for even more farmers and customers.

Established in 1880, Gleadell Agriculture Ltd. is a leading supplier of combinable crops to UK millers, feed compounders and other consumers, and a major exporter of grains, oilseeds and pulses to EU markets and further afield. The company sources crops directly from UK farmers and supplies certified seed and fertilizers. Key assets include port storage and ship loading operations along with extensive pulse and agricultural seed processing and storage.

Gary McGuigan, ADM’s president of Global Trade said: “With significant storage and processing capability and a longstanding reputation for being a safe and trusted trading partner, Gleadell and Dunns will be great additions to our business in the UK. We are excited to expand our capabilities, not only to continue our strategic growth, but also to support our farmers and our customers as they work to address fast-growing consumer demand.”

 

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About The Author

John Swire - Deputy editor of Agronomist and Arable Farmer as well as responsibility for the Agronomist and Arable Farmer and Farm Business websites. After 17 years milking cows on the family farm John started writing about agriculture in 1998 and has since written for a variety of publications and has developed a wide circle of contacts within the industry. When not working John is a season ticket holder at Stoke City and also of late has become a fitness freak, listing cycling, swimming and walking as his exercises of choice.