ADM purchases Caterina Foods assets

The Archer Daniels Midland (ADM), a US global food processing and commodities company, has obtained the assets of Caterina Foods, a US-based toll manufacturer of specialty gluten-free and high-protein pastas.

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

ADM’s WILD Flavors and Specialty Ingredients president Vince Macciocchi said: “ADM is continuing to deliver on our strategy to create shareholder value by expanding our capabilities downstream in the value chain.

“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 Foods is based in Lake Bluff, Illinois, and has approximately 60 employees.

Macciocchi added: “Since we purchased a controlling stake in Harvest Innovations, we have continued to see increased demand for gluten-free and other non-wheat pastas.

“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.”