date:Apr 17, 2014
in Belgium. The combined company would have been big enough to rival Swiss chocolate maker Barry Callebaut, the world's largest industrial chocolate producer.
In the close-knit industry dominated by a handful of players, news that the ADM-Cargill deal was off the table brought relief to dealers, grinders and confectioners who had worried about erosion of their bargaining power.
A lot of people in the industry were concerned about the merger. A large merger the size of ADM/Cargill was going to