NEWS COMMENTARY

ADM to strengthen its gut health portfolio by acquiring Deerland Probiotics & Enzymes

Published:
November 11, 2021
Services:
CPG More...
Priorities:
“Better-for-You” Transformation More...
Activities:
Acquisition
Very important

ADM has been keen on growing its gut health offerings, starting with the acquisition of Protexin in 2018. Over the past couple of years, the company has also expanded its existing product categories to accommodate new application areas. While the financial details of Deerland's acquisition are not yet known, this deal will complement ADM's existing probiotic solutions by adding other microbiome modulators like prebiotics, bacteriophages, and enzymes. Deerland's solutions focus on both dietary supplements and functional food and beverage ingredients, opening up wider opportunities. As outlined in our recent report, upstream ingredient players should diversify their microbiome modulation offerings by adding synergistic products.

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Further Reading

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NutriLeads

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The company was founded by Ruud Albers (CSO) and Erik Dam, who has recently been appointed as CEO. So far, the company has raised about $11.9 million, including $7.7 million from a Series B round in 2020. Among its investors, we emphasize Icos Capital, DSM Venturing, Shift Invest. The company is a ... To read more, click here.