First Day Lawson Limited (“FDL”), a portfolio company of Highlander Partners LP, has entered into a definitive agreement under which the Company will sell all of its outstanding stock to ADM, one of the world’s leading human and animal nutrition companies. announced that it had been concluded. Founded in 1884 and headquartered in London, FDL is a leading ingredient solutions company specializing in the rapid development, formulation and manufacturing of natural flavor and nutritional solutions for applications across multiple product types and global end markets. provider. Backed by deep application development expertise, we offer custom flavors, syrups and sauces, fruit preps, juices and juice blends, botanical extracts, bakery ingredients, energy and nutritional blends, and aroma chemicals. FDL serves a global customer base with offices in Europe, the United States, and Asia. The transaction is subject to customary closing conditions.
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Founded in 1902, ADM is now one of the world’s largest agricultural supply chain managers and a leading provider of human and animal nutrition, with a focus on taste, texture, nutrition and functionality. We offer unparalleled ingredients and solutions to meet our customers’ needs. In recent years, ADM has significantly expanded its flavor capabilities, starting with his acquisition of WILD Flavors in 2014. Since then, ADM has added multiple new products to its flavor portfolio through acquisitions. Citrus via Florida Chemical Company and Erich Ziegler Citrus. And vanilla via Rodel. The company also continues to grow with acquisitions such as Flavor Infusion South America, organic investments such as the expansion of its flavor production facility in Pinghu, China and its flavor facility in Berlin, and the growth of its network of innovation centers across Europe, Asia and Latin America. We are expanding our flavor capabilities globally. ,North America.
Rothschild & Company is acting as financial advisor to FDL and DLA Piper UK LLP is acting as legal advisor.