ADM purchases private brand manufacturer Caterina Foods

Chicago-based Archer Daniels Midland Company (ADM) said that it purchased the assets of Caterina Foods, Lake Bluff, Ill., a private brand and contract manufacturer of gluten-free and high protein pastas. Caterina produces pasta in a variety of shapes and sizes from flours made from corn, lentils, peas, rice, quinoa and many other grains and legumes.

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