ADM completes Rodelle acquisition, pays $13.19M for HQ, land

FORT COLLINS — Chicago-based Archer Daniels Midland Co. has closed on its acquisition of Fort Collins-based Rodelle Inc., including a $13.19 million purchase of Rodelle’s Fort Collins headquarters and adjacent land.

ADM in July announced plans to acquire Rodelle, an originator, processor and supplier of vanilla products. That purchase closed in late August, along with the acquisition of the 60,961-square-foot Rodelle headquarters building at 3461 Precision Drive in the Harmony Technology Park and a 1.93-acre adjacent piece of land at 3527 Precision Drive.

The properties were purchased from CBI Real Estate Holdings LLC.…