Ardent Mills Sells Canadian Plant to Dawn Foods
USAgNet - 06/25/2019
Ardent Mills, the premier flour-milling and ingredient company, announced a completed deal with Dawn Food Products Inc., a global bakery ingredient manufacturer and distributor. In the agreement, Dawn Foods has acquired an Ardent Mills ingredient mix
facility in Burlington, Ontario to take over the sweet ingredient business and expand its Canadian reach.
Ardent Mills will continue to supply flour to this facility under Dawn's ownership.
"This mutually beneficial acquisition allows us to step away from sweet ingredient mixes and concentrate on flour and savory mixes," said Dan Dye, CEO of Ardent Mills. "Our team members and customers in Canada will be well taken care of by Dawn and we
are committed to a smooth transition."
The deal between Ardent Mills and Dawn closed on June 21, 2019.