Archer Daniels Midland Company (NYSE: ADM) completed the acquisition of WILD Flavors GmbH, in October. The $3 billion acquisition is ADM’s largest ever and meant to strategically add a wide portfolio of specialty ingredients for the processed foods industry.
Power, Industrial AG and renewable energy projects in the Dakotas account for a hefty percentage of Wanzek’s backlog.
When Florida-based Mastec Inc., bought Fargo’s Wanzek construction for $200 million in 2008, it became a major player in energy construction. The company is an interesting play for investors looking for entries into North Dakota’s hot construction sector, where opportunities in the public market are few.