ADM acquires pet treat maker
Jan. 11, 2017
by Erica Shaffer
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CHICAGO – Archer Daniels Midland Co. (ADM) signed an agreement to acquire Crosswind Industries Inc., a producer of dry-expanded, dual-texture, semi-dry and semi-moist pet treat products. Details of the transaction were not disclosed.
Crosswind Industries, which has offices in Sabetha, Kansas, and Parkville, Missouri, is a leading manufacturer of contract and private label pet treats and foods, as well as specialty ingredients. The company employs 300 workers who run its five processing lines distributed across five Kansas facilities, with nine “ready for retail” packaging lines.
“The global pet food industry represents a strong opportunity for strategic growth, especially for a company with the global resources of ADM,” Brent Fenton, president of ADM’s Animal Nutrition business, said in a statement. “ADM already sells more than 50 ingredients and commodities that are used by more than 70 percent of all pet food companies in North America.
“Now, we’re taking the next step with the addition of Crosswind Industries to our global network. With five production facilities and a wide range of successful products, Crosswind represents a strong opportunity to expand our capabilities, and a great fit not just with the Animal Nutrition business, but across ADM’s wider portfolio of ingredients, colors and flavors for pets. We’re looking forward to combining Crosswind’s operations and products with our own to provide customers an even broader array of products and services.”