Ardent Mills in order to enhance its specialty ingredients has successfully completed the acquisition of all assets of Hinrichs Trading Company (HTC). HTC is a North American leader in the supply, washing and packaging of chickpeas.
- The acquisition will leverage existing capabilities in specialty ingredients, as well as good relationships with farmers, and help customers bring innovative products to market to meet growing demand for pulses.
- The acquisition will allow Ardent Mills to leverage HTC’s deep relationships with growers, its experience in seed varieties and finished product processing, and combine all of this with its expertise in risk management and R&D resources.
- In Feb 2021, Ardent Mills announced its intention to acquire the business operations of Hinrichs Trading Company
The prominent deal and acquisitions by Ardent Mills featured below:
Aug 2020: The leading flour and ingredient company Ardent Mills announced significant investments and updates to expand its retail capabilities. Consumer behaviors are changing and there is more demand for flour related products.
February 2020, Ardent Mills announced to acquire Andean Naturals quinoa sourcing, cleaning and packaging operation in Yuba City, California, the USA. The acquisition will strengthen Ardent Mills specialty grain capabilities.
The company had also acquired organic grain elevator in Klamath Falls, Oregon. Andean Naturals is a California based leading importer/wholesaler of organic, fair trade quinoa. The companys quinoa refining facility is located in La Paz, Bolivia.
About Ardent Mills
Ardent Mills, headquartered in Denver, Colorado, the USA, is the premier flour-milling and ingredient company. The companys operations and services are supported by around 35 flour mills and bakery-mix facilities, located in the U.S., Canada and Puerto Rico. The company also deals in a specialty bakery and Mobile Innovation Center.