Flour-milling and ingredient company Ardent Mills has announced that it will acquire Mondelez Canada’s flour mill based in Ontario.
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 with the deal expected to close in the next few weeks.
Ardent Mills CEO Dan Dye said: “Acquiring this mill is consistent with our strategies for growth and our desire to help our customers win.
“They have a strong team in place at the mill, with a passion for the craft of milling. We want to nourish this facility and its people 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 after the transaction closes.”
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