ICL Group is acquiring Bartek Ingredients in a two-phase deal, starting with US$90 million for 50% stake in Q1 2026.
Members including ADM, Bunge, Cargill, Cofco and Louis Dreyfus Company, later confirmed in a statement that it had initiated talks to exit the agreement.
By 2026, ADM and Bayer expect the initiative to significantly boost farmer livelihoods, reduce carbon footprints, and contribute to India’s broader sustainability goals.
UNOX Group targets €400 Million (US$465.84M) revenue from the acquisition by 2026.
The agreement represents a significant milestone in Kerry’s continued growth across the Middle East and underscores the company’s commitment to driving food and beverage innovation in one of the world’s most dynamic markets.