The global agricultural bulk operation will be one of theworld’s biggest, it claimed.

It will also be a leading force in the bunker and freightderivatives sectors, it added.

 “By combining ADM andToepfer’s ocean freight teams, we will leverage the resources, best practicesand know-how of the two companies to build a more efficient, more competitiveocean freight business,” said Hans Christian Jensen, director of ADM’s global freightbusiness and the new head of the combined entity.

ADM