Ardent Mills to acquire Mississauga flour mill
August 20, 2015 By Bakeres Journal
Aug. 20, 2015, Mississauga, ON – Ardent Mills will acquire the Mondelez Canada flour mill located in Mississauga, Ont.
The mill produces hard and soft wheat flour for its Canadian bakeries and a number of food manufacturing customers.
According to Ardent Mills, the Mississauga mill will add to its capabilities to serve food manufacturers across Canada, and will support the company’s vision of being a trusted partner in nurturing its customers, consumers and communities through innovative and nutritious grain-based solutions.
“Acquiring this mill is consistent with our strategies for growth and our desire to help our customers win,” said Dan Dye, CEO of Ardent Mills. “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.”
The transaction is expected to close in the next few weeks. Details of the transaction were not disclosed, however more than 30 existing Mondelez Canada team members are expected to join Ardent Mills once the transaction closes.
Ardent Mills also has milling operations in Saskatoon and Montreal, as well as a bakery-mix facility in Burlington, Ont., and an administrative/sales office in Brampton, Ont.
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