September 01, 2015

01/09/2015: Ardent Mills finalises deal to acquire Mondelēz Canada’s flour mill in Mississauga, Ontario

First expansion for the young company since it opened for business in May 2014, adds to Canadian milling capabilities and service to customers

Having announced its intent on August 20, Ardent Mills, the premier flour-milling and ingredient company, shared today that it has finalised the deal to purchase the Mondelēz Canada flour mill located in Mississauga, Ontario, Canada. The mill produces hard and soft wheat flour for its Canadian bakeries and a number of food manufacturing customers. The details of the transaction were not disclosed.
     

http://ardentmills.com/

According to Ardent Mills, the Mississauga mill will add to its capabilities to serve food manufacturers across Canada, and will support Ardent Mills’ vision of being the trusted partner in nurturing its customers, consumers and communities through innovative and nutritious grain-based solutions. More than 30 existing team members have joined Ardent Mills with the close of the transaction today.

“We are nimble and entrepreneurial. Acquiring this mill is consistent with our strategies for growth and our desire to help our customers win,” said Dan Dye, Ardent Mills Chief Executive Officer.

“There is a strong team in place at the mill, and we are pleased to have them join Ardent Mills. We expect a very smooth transition as we serve our Canadian customers and ultimately consumers with safe, nutritious grain-based products. We are excited about this mill’s future and we’re confident we can leverage our innovation and supply chain capabilities going forward.”

Ardent Mills also has milling operations in Saskatoon, Saskatchewan and Montreal, Quebec as well as a bakery-mix facility in Burlington and an administrative/sales office in Brampton, Ontario.
 

Visit the Ardent Mills site HERE.
 

The Global Miller
This blog is maintained by The Global Miller staff and is supported by the magazine GFMT
which is published by Perendale Publishers Limited.


For additional daily news from milling around the world: global-milling.com

No comments:

Post a Comment