Ardent Mills acquires Mondelez Canada's Flour Mill

14 September 20152 min reading
69-1Ardent Mills has finalized the deal to purchase the Mondelez Canada flour mill. It is stated that the mill will serve food manufacturers across Canada. Ardent Mills, the premier flour milling and Ingredient Company, shared that it has finalized the deal to purchase the Mondelēz Canada flour mill located in 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. 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. "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."
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