ADM Completes Acquisition of Israeli Agricultural Feed Distributer
Archer Daniels Midland Company (ADM) has completed the acquisition of Industries Centers’ controlling interest, which will now be known as ADM Israel.
Industries Centers is an Israel company specialising in the import and distribution of agricultural feed products.
ADM Israel, which serves a significant and diversified customer base within Israel, operates a 45,000 MT storage facility strategically located at the Port of Ashdod.
“By combining ADM’s unparalleled global network with the experience and capabilities of Industries Centers, ADM Israel offers customers in Israel unequalled service, including end-to-end supply chain management,” said Joe Taets, president of ADM’s agricultural services business unit.
“Having been a customer of ADM for so many years, it is a proud day for all of us at Industries Centers, as we partner with ADM and begin a new journey together as ADM Israel,” added Omer Eran, CEO, ADM Israel.
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