EGYPT > USA based Archer Daniels Midland Company (ADM) and Cargill are set to launch a joint venture to provide soybean meal and oil in Egypt

Cargill logo Archer Daniels Midland Company and Cargill are launching a joint venture that would own and operate the National Vegetable Oil Company soy crush facility in¬†Borg Al-Arab. The deal also includes a separate¬†Switzerland-based merchandising operation that would supply soybeans to the crush plant and also all the related commercial and functional activities in Borg Al- Arab. Expansion of the plant from More …

USA > ADM to sell its Crop Risk Services (CRS) business to Validus Holdings for $127.5 million

VR-Logo Chicago, USA based ADM (Archer Daniels Midland) to sell its (CRS) business to Validus Holdings for $127.5 million. The deal is still subject to regulatory approvals and is set to close in first half of 2017. After the deal it is expected that almost all the employees will be transferred to CRS business under Validus. Validus as a company provides More …