It's a "joint venture" between ADM/LOOMIX and QLF. QLF has 12 plants in the US, LOOMIX has 4. Ingredients "should" be able to be sourced for less money...added value for the customers.
I didn't hear anything negative about this. LOOMIX will be available in areas it never was before, due to QLF's mills locations and reduced freight costs. Otherwise, it sounds like bidness as usual.
What I don't like, personally, is this...the LOOMIX home office has been closed. All calls, orders for product, and tech services are done through QLF. So I have a whole new system to get used to and new people to deal with.
I've been doing this for 19 years. I was there when PM Ag Products owned the company, then the investment group, then ADM, and now this. I really, really don't like change....but it'll be OK. I don't see this as a negative in any way. If anything, it should be a positive for customers of both brands.