Group Vandamme’s Hungarian operations have been acquired by ADM
ADM has acquired Group Vandamme’s Hungarian operations, known as Vandamme Hungaria Kft., which operates a 700-metric-ton-per-day non-GM crush and extraction facility in northern Hungary. This acquisition allows the company to further expand its non-genetically modified (GM) capacity in Europe to meet growing food and feed demand.
Group Vandamme is a Belgian company active in the production and refining of vegetable oils. Located in Komárom, Hungary, the production facility was built by Group Vandamme in 2010 and transforms soybeans and corn germ into meal and oils for customers in Europe and the Middle East, primarily targeting the animal feed end market.
As one of the world’s largest nutrition companies, ADM is a leader in both human and animal nutrition. The company transforms crops into ingredients and solutions for foods, beverages and supplements, and provides a complete range of solutions and services for livestock, aquaculture and pets.
Oaklins’ team in Belgium acted as the exclusive sell-side advisor to Group Vandamme in the sale of its Hungarian operations.
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