top of page

UA News and the Unconventional Ag event series are no longer being offered. You can continue to stay updated on the global ag, agtech, food, and food tech sectors through our other publications and events: Global AgInvesting conference series, AgInvesting Weekly, Agtech Intel NewsWomen in Agribusiness Summit, and Women in Agribusiness Today.  We are grateful for your past support, and look forward to staying connected with you through our range of media platforms.


ADM to acquire stake in Russian foods and food ingredient business

In an effort to serve the growing Russian food and beverage industry, ADM will become 50 percent owner of the sweeteners and starches business of Russia-based Aston Foods and Food Ingredients. The transaction, which is subject to regulatory approval, is expected to close late in the second quarter of 2018.

Assets under the ownership agreement include Aston’s corn wet mills in Ibred and Novlyanka, which are strategically located close to major customers. “This investment is the latest in a series of important additions and enhancements we have made to grow our global Corn business,” said Chris Cuddy, president of ADM’s Corn Processing business, also noting that this acquisition, along with recent ones in the EU, Middle East, and North Africa markets, represents a substantial transformation for ADM’s corn business as it continues its geographical growth and diversification.

Aston, which is a leading exporter of agricultural goods and vegetable oils, is one of Russia’s largest producers of foodstuffs and ingredients and employs about 4,000.

NeverStop - 650x85.jpg
CPM Logo Image
LECO Ad Image
MOSOY-NovDecJan-1000 x825-02.png
UA News Subscribe Image


Contact Lynda Kiernan-Stone,

editor of Unconventional Ag News, to submit a story for consideration:

bottom of page