Deloitte Corporate Finance LLC Advises Specialty Commodities, Inc. on its Sale to Archer Daniels Midland Company

Deloitte Corporate Finance LLC Advises Specialty Commodities, Inc. on its Sale to Archer Daniels Midland Company

PR Newswire

CHARLOTTE, N.C., Dec. 1, 2014 /PRNewswire/ — Deloitte Corporate Finance LLC (“DCF”) acted as the exclusive financial advisor to Specialty Commodities, Inc. (“SCI”), a portfolio company of Goldner Hawn Johnson & Morrison, Inc. (“GHJ&M”), in its sale to Archer Daniels Midland Company (“ADM”). SCI is a leading originator, processor and distributor of specialty ingredients, including natural and organic nuts, fruits, seeds, legumes, and ancient grains. SCI will become part of ADM’s new WILD Flavors and Specialty Ingredients business unit.

As used in this document, "Deloitte" means Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.

“DCF’s deep transaction and industry experience added value throughout the entire sale process. DCF’s sector knowledge was vital to us finding the right partner in ADM. SCI’s suppliers, colleagues and customers will benefit from ADM’s world-class innovation, supply-chain and manufacturing capabilities. And with our complementary geographies, similar business models, and shared focus on quality and customers, we see a bright future for the business,” said Larry Leitner, founding partner and CEO of SCI.

“SCI spent 25 years honing its imported and domestic specialty ingredient sourcing and quality assurance business. SCI’s continued investment in diverse offerings in the specialty ingredient sector allowed us to position the company as an industry leader and differentiated platform for ADM’s consideration,” said Lorin DeMordaunt, managing director and Consumer and Retail group lead, Deloitte Corporate Finance LLC.

About Specialty Commodities, Inc.
For over 25 years, SCI has offered a full line of natural and organic products such as nuts, seeds, ancient grains, spices, dehydrated fruits and other ingredients. Its corporate headquarters is in Fargo, North Dakota; it has two processing facilities in California, locations in New Jersey, Illinois, and Minnesota, and does business in countries including China, Bolivia, Argentina, Brazil, India, South Africa, and Australia. Learn more at www.specialtycommodities.com.

About Archer Daniels Midland Company
For more than a century, the people of ADM have transformed crops into products that serve the vital needs of a growing world. Today, ADM is one of the world’s largest agricultural processors and food ingredient providers, with more than 33,000 employees serving customers in more than 140 countries. With a global value chain that includes more than 470 crop procurement locations, 285 ingredient manufacturing facilities, 40 innovation centers and the world’s premier crop transportation network, ADM connects the harvest to the home, making products for food, animal feed, chemical and energy uses. Learn more at www.adm.com.

About Goldner Hawn Johnson & Morrison, Inc.
GHJ&M was founded in 1989 in Minneapolis, Minnesota. For over twenty years GHJ&M has been a source of private capital to leading lower middle market companies located in the Midwest. GHJ&M’s investment philosophy centers on the principle of partnership. Through strong collaborative partnerships with business owners, management teams, financing sources, and professional advisors GHJ&M has built a track record of creating value in the companies in which the fund invests. Learn more at www.ghjm.com.

About Deloitte Corporate Finance LLC
Deloitte Corporate Finance LLC (DCF) provides strategic advisory services and M&A advice that help corporate, entrepreneurial and private equity clients create and act upon opportunities for liquidity, growth and long-term advantage. With an in-depth understanding of the marketplace and access to a global network of investment bankers, we help clients confidently pursue strategic transactions in both domestic and global markets. DCF, together with the Corporate Finance Advisory practices within the Deloitte Touche Tohmatsu Limited network of member firms, include in excess of 1,900 professionals, who work collaboratively across 150 international locations. With our significant experience providing investment banking services across key industries, we are able to offer our clients solutions that help them to achieve their strategic objectives. For more information, visit www.investmentbanking.deloitte.com.

Prior engagement performance is no guarantee of future performance and may not be representative of the experience of other clients. This communication is for informational purposes only and is not intended as an offer or solicitation for the purchase or sale of a security.

Deloitte Corporate Finance LLC, an SEC registered broker-dealer and member of FINRA and SIPC, is an indirect wholly-owned subsidiary of Deloitte Financial Advisory Services LLP and affiliate of Deloitte Transactions and Business Analytics LLP. Investment banking products and services within the United States are offered exclusively through Deloitte Corporate Finance LLC. For more information, visit www.investmentbanking.deloitte.com. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.

Logo – http://photos.prnewswire.com/prnh/20120803/MM52028LOGO-a

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/deloitte-corporate-finance-llc-advises-specialty-commodities-inc-on-its-announced-sale-to-archer-daniels-midland-company-300001497.html

SOURCE Deloitte

Be the first to comment

Leave a Reply