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ADM to Acquire Hilltop Grain and Feed

09/01/2008
Archer Daniels Midland Company (NYSE: ADM) announced today that it has entered into an agreement to acquire the operations of Hilltop Grain and Feed, Inc. in Wisner, Nebraska.

“This acquisition adds to our footprint in an important production region where we continue to look for expansion opportunities,” said Matthew Jansen, president, ADM Grain. “We look forward to serving the existing Hilltop customers, and we're excited about the opportunity to bring expanded marketing services to the region.”

Art Nitzsche, president of Hilltop Grain and Feed, commented, “We’d like to thank the customers and surrounding community for their service and patronage over the past 33 years, and we’d like to welcome ADM and are confident they will be an asset to the community.”

The parties expect the transaction to close on or about September 2, 2008.

 

From:
ADM Media Relations
217/424-5413
media@adm.com