The Archer-Daniels-Midland Company (NYSE: ADM), an American multinational food processing and commodities trading corporation, has signed a sale and purchase agreement to acquire Sojaprotein, one of the leading soybean processing companies in Europe and leading European provider of non-GMO soy ingredients. Sojaprotein is part of Victoria Group which has been recently acquired by MK Group through debt to equity swap. It has sales into 65 countries, offering a wide array of non-GMO vegetable protein ingredients for an extensive list of European and global customers in the meat alternative, confectionary, protein bar, pharmaceutical, pet food, and animal feed segments.
We advised ADM on this transaction alongside Sidley Austin.
Our team was led by senior partner Vladimir Dašić, and included associate Jelena Zelenbaba from our M&A team, together with associates Jovana Duković, Tijana Martinović and David Vučinić. Our senior partner Tijana Kojović and counsel Bisera Andrijašević provided advice on anti-trust matters.
The transaction is subject to regulatory approvals.