6/6/2011
Acquisition marks Alliance Nutrition’s entrance into liquid feed business
ADM Alliance Nutrition, Inc., a wholly owned subsidiary of Archer Daniels Midland Company (NYSE: ADM), today announced the acquisition of Cattleman’s Choice Loomix, a leading producer of liquid animal feed supplements.
“This acquisition marks ADM Alliance Nutrition’s entrance into the liquid feed business, which provides us with another value-added market for our feed ingredients and finished feed rations,” said Terry Myers, president, ADM Alliance Nutrition. “With Cattleman’s Choice Loomix’s strong geographic presence in the western United States, it also extends our footprint into that important region for the beef and dairy industry.”
Kenneth Munsch, previously president of Cattleman’s Choice Loomix, will manage ADM Alliance Nutrition’s liquid feed business and has been named director, liquid feeds.
“Ken has unmatched industry acumen with 33 years of management experience in the liquid feed business. His leadership will be invaluable as we successfully integrate and grow the Loomix business with ADM Alliance Nutrition’s existing businesses,” said Myers.
“Our companies fit together well. We both have years of success and expert distribution networks that understand the importance of innovative products and outstanding customer service,” said Munsch. “We at Loomix are tremendously excited to join the ADM team.”
About Cattleman’s Choice Loomix
Cattleman’s Choice Loomix began business in 1952 and produces the Loomix® brand liquid feed supplement for ruminants. Headquartered in Johnstown, Colo., Cattleman’s Choice Loomix operates production facilities in Johnstown, Colo., Billings, Mont., and Twin Falls, Idaho, and has a contract with a toll manufacturer in Fremont, Neb.
About ADM Alliance Nutrition
ADM Alliance Nutrition, Inc. is a wholly owned subsidiary of Archer Daniels Midland Company and a leading producer of livestock feeds and supplements. Based in Quincy, Ill., ADM Alliance Nutrition offers consistent, high-quality feed products, supplements, premixes, custom ingredient blends and feed ingredients to help livestock producers achieve the greatest possible return from the grain and forage they utilize in livestock production. For more information about ADM Alliance Nutrition and their products, visit www.admani.com.
About ADM
Every day, the 29,000 people of Archer Daniels Midland Company (NYSE: ADM) turn crops into renewable products that meet the demands of a growing world. At more than 240 processing plants, we convert corn, oilseeds, wheat and cocoa into products for food, animal feed, chemical and energy uses. We operate the world’s premier crop origination and transportation network, connecting crops and markets in more than 60 countries. Our global headquarters is in Decatur, Illinois, and our net sales for the fiscal year ended June 30, 2010, were $62 billion. For more information about our company and our products, visit www.adm.com.
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