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Breaking NewsFlours, Grains & Pasta

Ardent Mills to Acquire  Andean Naturals' Quinoa Operations

The facility will be Ardent Mills' first gluten-free sourcing and cleaning facility with the ability to expand to additional grains

ArdentMills_900
February 5, 2020

Ardent Mills, a flour-milling and ingredient company, announced its intention to invest further in specialty grain capabilities and The Annex by Ardent Mills (The Annex) by purchasing Andean Naturals, Inc.'s quinoa sourcing, cleaning and packaging operation in Yuba City, Calif. The purchase is expected to be finalized in mid-February 2020.
 
"Our industry is rapidly changing as consumers' appetite for variety in their diets continues to increase," said Dan Dye, CEO of Ardent Mills. "As a result, we are making proactive investments in The Annex to meet consumer demand for high-quality, nutritious grains and other sources of plant-based ingredients. With this acquisition, we will be able to offer a complete solution for quinoa and other gluten-free ingredients."
 
Yuba City will be Ardent Mills' first gluten-free sourcing and cleaning facility with the ability to expand to additional grains. This important milestone for The Annex comes shortly after the acquisition of an organic grain elevator in Klamath Falls, Oregon, the Colorado Quinoa™ exclusivity partnership, as well as the Denver RiNo investment to clean and pack specialty grains.

www.ardentmills.com

KEYWORDS: acquisitions

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