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Industry News & Trends / Business & Markets / Livestock Feed Manufacturing / Animal Feed Additives / Europe
on June 19, 2019

ADM to cut jobs at recently acquired Neovia

127 positions at France locations will be eliminated

Archer Daniels Midland Co. (ADM) plans to cut 127 positions at Neovia in France, according to a Reuters report.

The EUR1.544 billion (US$1.77 billion) acquisition of animal nutrition company Neovia in February was ADM’s largest deal since 2014. The company said the cuts will eliminate redundancies.

According to Reuters…

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