ADM’s operations in Poland include an oilseeds crushing and refining facility in Szamotuly that refines and bottles retail vegetable oils, and country elevators in Slawa Wielkopolska and Chroscina.
Located in northern Poland, Elstar operates a rapeseed crushing, refining, solid-fat packaging and oil bottling facility in Czernin and a fully-automated biodiesel facility in Malbork.
The transaction is subject to approval by relevant antitrust authorities, ADM said.
ADM Europe president Brent Fenton said Elstar’s location in a rapeseed growing region will enable the company to further enhance its position in eastern Europe.
"The biodiesel plant will enable ADM to develop the biodiesel market in Poland and fits well within the company’s integrated business model," Fenton said.
ADM, through its joint venture company, BTZ, plans to build a new grain warehouse to expand capacity.
Elstar is a manufacturer of quality refined vegetable oils and fats for the food industry, and biodiesel for the energy market.
