Sector News

ADM purchases Caterina Foods

October 5, 2016
Food & Drink

Archer Daniels Midland Company announced today that it has purchased the assets of Caterina Foods, a leading toll manufacturer of specialty gluten-free and high-protein pastas.

“ADM is continuing to deliver on our strategy to create shareholder value by expanding our capabilities downstream in the value chain,” said Vince Macciocchi, president of ADM’s WILD Flavors and Specialty Ingredients business. “Caterina is a toll processor for our majority-owned Harvest Innovations, and will be a key part of our growth plans for that important business. The addition of the Caterina business gives us yet another way in which to meet the needs of health-conscious consumers—in this case expanding our ability to produce specialty pastas from legumes and grains other than wheat.”

Caterina produces gluten-free and high-protein pastas in a variety of shapes and sizes from flours made from corn, lentils, peas, rice, quinoa and many other grains and legumes.

“Since we purchased a controlling stake in Harvest Innovations, we have continued to see increased demand for gluten-free and other non-wheat pastas,” Macciocchi continued. “Together, Harvest and Caterina will allow us to streamline our operations while expanding our capabilities in this growth area. We are looking forward to finding new ways to expand and advance the Harvest and Caterina businesses, and working with customers across the country to meet their ingredient needs for health-conscious consumers.”

Caterina Foods, based in Lake Bluff, Illinois, has about 60 employees.

Source: ADM

comments closed

Related News

November 28, 2021

“Free from” trends take on myriad of meanings as health and environmental concerns come into sharper focus

Food & Drink

Free-from is becoming much more mainstream, moving beyond food allergens and intolerances. While it’s still vital to innovate products for lactose intolerance, gluten allergies and so forth, the umbrella term of free-from has taken on many different meanings.

November 28, 2021

Arla Foods Ingredients unveils milk fractionation tech for infant, sports and medical nutrition

Food & Drink

Arla Foods Ingredients (AFI) is targeting infant formula, sports nutrition and medical nutrition with its new patented milk fractionation technology that separates milk proteins from whey, bypassing the need to make cheese. The Denmark-based company says this move enables scientists, nutritionists and health professionals to create “next-generation” dairy products.

November 28, 2021

Oatly opens first Chinese production facility

Food & Drink

Located in Ma’anshan, Anhui province, the facility has the potential to produce an estimated 150 million litres of oat-based products annually at full capacity. The opening comes just a few months after Oatly – which claims to have established a new Chinese character for ‘plant-based milk’ – inaugurated its first Asian factory in Singapore.

Send this to a friend