ADM is a global supplier of cocoa and chocolate ingredients, serving customers in the confectionery, bakery, dairy and other food industries with a range of quality cocoa powders, cocoa liquors and cocoa butters, as well as chocolate and compound confectionery products.

"This acquisition will be an excellent fit for our business as we continue to enhance our global presence across the entire cocoa and chocolate value chain. The expertise of the people, the tradition of quality represented in Schokinag and the scope of the physical assets make our acquisition an important step in positioning ADM to become the preferred supplier of cocoa and chocolate solutions for European customers," said Mark Bemis, vice president, ADM Cocoa and Milling.