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ADM Acquires Three Grain Elevators in Slovakia

04.01.2012  |  Business Wire

Acquisition marks ADM′s entry into important origination market of
Slovakia


Archer Daniels Midland Company (NYSE: ADM) today announced it has
acquired three grain elevators in Slovakia from the companies Palma
Group a.s. and Polnonakup Hont a.s. The new assets are ADM′s first in
the country.


'The acquisition of these elevators extends ADM′s origination network
into Slovakia and along the Danube River, advancing our strategy to grow
our reach in Central and Eastern Europe,? said Tido Boehle, ADM general
manager, Origination and Terminals, Europe. 'The facilities will store
and supply crops for our European processing facilities and will help us
better serve the local farming community by connecting local crops to
export markets.?


Located in Levice, Hontianske Nemce and Secovce, in the south and east
of Slovakia, the silos will enable ADM to secure additional rape and sun
seed, as well as corn and wheat from new supply sources. The three
facilities have a combined storage capacity of 149,000 metric tons, as
well as train loading capabilities.


ADM operates oilseed processing facilities in the Czech Republic,
Germany, Netherlands, Poland, the U.K. and Ukraine. In Europe, ADM also
has a joint venture with Tate & Lyle?Eaststarch?which is headquartered
in the Netherlands. Eaststarch operates wet corn mills in Bulgaria,
Hungary, Slovakia and Turkey. The recent acquisitions complement the
Eaststarch operations, as ADM can now supply corn to the Boleraz site in
Slovakia.

About ADM Czech Republic


ADM began operations in the Czech Republic in 2009 when the company
acquired an oilseed crushing and refining facility in Olomouc. ADM
recently announced plans to expand the processing and storage at this
site enabling the facility to buy more crops from local suppliers. ADM
also operates a trading company in Prague that originates grains such as
wheat, barley and corn, and oilseeds like sunflower and rapeseed.

About ADM


For more than a century, the people of Archer Daniels Midland Company
(NYSE: ADM) have transformed crops into products that serve vital needs.
Today, 30,000 ADM employees around the globe convert oilseeds, corn,
wheat and cocoa into products for food, animal feed, industrial and
energy uses. With more than 265 processing plants, 400 crop procurement
facilities, and the world′s premier crop transportation network, ADM
helps connect the harvest to the home in more than 160 countries. For
more information about ADM and its products, visit www.adm.com.

Archer Daniels Midland Company

Media Relations

For
Africa and Europe:

Sara Vermeulen-Anastasi

media-eu@adm.com

+41
21 702 8400

or

For North America:

Jessie McKinney

media@adm.com

217-424-5413