ADM and Alltech have signed a definitive agreement to launch a North American animal feed joint venture, bringing together decades of experience and unparalleled capabilities to create new advantages for customers, the companies announced on Sept. 23.
“The first company name I can remember, besides our own, is ADM — a name I’ve heard since I was 3 years old, and likely even earlier,” said Mark Lyons, president and chief executive officer of Alltech.
“My father’s very first order — and his second, for those who know the story of Alltech’s beginnings — came from ADM. That early vote of confidence helped shape our story. Over the decades, the relationship between our two companies has only grown stronger. We’ve long explored ways to partner more deeply, and now the time is right to align our passionate teams, proven products and shared values.”