US agribusiness giant ADM International has gobbled up UK edible oils and fats maker Pura in a £42m (US$68.6m) deal.


Pura is one of the UK’s largest makers of edible oil, with some 30% of the market. It supplies companies such as Mars as well as many small businesses such as bakeries ad fish and chip shops.


ADM had a 28% stake in Pura prior to the deal and is thought to offer Pura greater security that it enjoyed under the previous management. Founder Ian Hutcheson and his family have gained £11m from the sale to ADM.


Pura shares rose 23p to 108p on the news.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.