ADM · 10-Q · 2026Q2 · Full report
Acquisition / Partnership / Divestiture
Archer-Daniels-Midland Co · 2026-08-04 · Importance 34 · Surprise 42 · In source text
ADM launched Two Rivers Premium Oils, LLC, a cottonseed joint venture with Planters Cotton Oil Mill in January 2026. Planters contributed its Pine Bluff, Arkansas, crush plant and regional origination and storage facilities, while ADM contributed its Memphis, Tennessee, cottonseed facility. ADM launched Akralos Holding Company LLC with Alltech in March 2026 as a North American animal-feed joint venture covering livestock, equine, backyard, and leisure animals. Alltech and ADM contributed feed mills across the United States and Canada and respective portions of premix supplies; the transaction contributed to a $192 million six-month Nutrition volume decline from portfolio actions and joint-venture formation.
Key facts
- The Company launched Two Rivers Premium Oils, LLC, a cottonseed joint venture, in January 2026 with Planters Cotton Oil Mill Inc., with Planters contributing its crush plant in Pine Bluff, Arkansas and additional origination and storage facilities, and ADM contributing its Memphis, Tennessee, cottonseed facility. source
- The Company launched Akralos Holding Company LLC, an animal feed joint venture, in March 2026 with Alltech Inc., with Alltech and ADM contributing feed mills across the U.S. and Canada and respective portions of premix supplies. source
- Net cash used in investing activities for the six months ended June 30, 2025 included additions to property, plant, and equipment of $596 million and a business acquisition, net of cash acquired, of $95 million, partially offset by proceeds from sales of marketable securities of $267 million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | negative | committed | — | The Company launched Two Rivers Premium Oils, LLC, a cottonseed joint venture, in January 2026 with Planters Cotton Oil Mill Inc., with… |
| assets | negative | committed | — | The Company launched Akralos Holding Company LLC, an animal feed joint venture, in March 2026 with Alltech Inc., with Alltech and ADM… |