Archer Daniels Midland to acquire Rodelle vanilla company
FORT COLLINS — Archer Daniels Midland Co. (NYSE: ADM) has signed an agreement to acquire Fort Collins-based Rodelle Inc., an originator, processor and supplier of vanilla products.
Rodelle, founded in 1936, originates, processes and sells premium vanilla products, including organic and traditional extracts, beans, alcohol-free flavor and paste. The company also sells non-vanilla products, including flavorings, extracts, spice blends and organic spices.
Rodelle owns a stake in Madagascar-based Federation Sahanala Vanille — a joint venture between Rodelle and a partnership of local associations that now includes more than 2,100 registered vanilla farmers. The joint venture is…
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