12.18.23
ADM has agreed to acquire Revela Foods, a Wisconsin-based developer and manufacturer of dairy flavor ingredients and solutions.
Revela, which is anticipated to reach nearly $240 million in sales by the end of 2023, would add new capabilities to ADM’s global flavors portfolio in the dairy flavors and savory flavors segments.
Revela, which has been a subsidiary of New Heritage Capital since 2019, has grown through its enzyme technologies which enable a range of clean-label dairy flavor formulations for applications like snacks, frozen meals, sauces, dressings, soups, seasonings, and desserts. The company’s roughly 400 employees operate across three production facilities in the U.S. Midwest.
“Revela has built a strong business around its unique range of dairy flavor ingredients and solutions for customers spanning major brands, retailers and food service,” said Calvin McEvoy, ADM’s president of global flavors. “ADM has a strong presence in the North America savory flavors segment, and we’re excited to work with the impressive Revela team to expand our opportunities there, bringing their technology and innovation together with our global capabilities to power our unparalleled range of ingredients and complete solutions for customers who are looking for great flavors and clean labels.”
“We are excited to partner with ADM to further Revela’s reputation as an innovative, turnkey provider of dairy flavor ingredients and solutions,” added Terry Schneider, Revela’s chief executive officer. “We believe joining the ADM family will allow us to offer even broader solutions to our customers and will provide our employees with even greater opportunities for advancement.”
ADM has been expanding its portfolio of flavor ingredients and solutions through a number of acquisitions, such as that of Wild Flavors in 2014. The company has advanced savory flavors through acquiring Eatem Foods, citrus via Florida Chemical Company and Erich Ziegler Citrus, and vanilla via Rodelle. The company has also expanded globally through acquisitions like Flavor Infusion South America, investments such as its Pinghu, China flavor production facility and expansion of its Berlin factory, and a growing network of innovation centers in Europe, Asia, Latin America, and North America.
“ADM’s integrated business model and unparalleled production and product application expertise power a portfolio of customizable, complete nutrition solutions that no other company can match,” said Ian Pinner, president of ADM’s Nutrition business. “Our flavors business is an important pillar of our Nutrition growth strategy, and we are continuing to add to our flavors pantry to ensure we remain the partner of choice for customers around the globe.”
Revela, which is anticipated to reach nearly $240 million in sales by the end of 2023, would add new capabilities to ADM’s global flavors portfolio in the dairy flavors and savory flavors segments.
Revela, which has been a subsidiary of New Heritage Capital since 2019, has grown through its enzyme technologies which enable a range of clean-label dairy flavor formulations for applications like snacks, frozen meals, sauces, dressings, soups, seasonings, and desserts. The company’s roughly 400 employees operate across three production facilities in the U.S. Midwest.
“Revela has built a strong business around its unique range of dairy flavor ingredients and solutions for customers spanning major brands, retailers and food service,” said Calvin McEvoy, ADM’s president of global flavors. “ADM has a strong presence in the North America savory flavors segment, and we’re excited to work with the impressive Revela team to expand our opportunities there, bringing their technology and innovation together with our global capabilities to power our unparalleled range of ingredients and complete solutions for customers who are looking for great flavors and clean labels.”
“We are excited to partner with ADM to further Revela’s reputation as an innovative, turnkey provider of dairy flavor ingredients and solutions,” added Terry Schneider, Revela’s chief executive officer. “We believe joining the ADM family will allow us to offer even broader solutions to our customers and will provide our employees with even greater opportunities for advancement.”
ADM has been expanding its portfolio of flavor ingredients and solutions through a number of acquisitions, such as that of Wild Flavors in 2014. The company has advanced savory flavors through acquiring Eatem Foods, citrus via Florida Chemical Company and Erich Ziegler Citrus, and vanilla via Rodelle. The company has also expanded globally through acquisitions like Flavor Infusion South America, investments such as its Pinghu, China flavor production facility and expansion of its Berlin factory, and a growing network of innovation centers in Europe, Asia, Latin America, and North America.
“ADM’s integrated business model and unparalleled production and product application expertise power a portfolio of customizable, complete nutrition solutions that no other company can match,” said Ian Pinner, president of ADM’s Nutrition business. “Our flavors business is an important pillar of our Nutrition growth strategy, and we are continuing to add to our flavors pantry to ensure we remain the partner of choice for customers around the globe.”
