摘要: |
Canadian agribusiness Richardson International Limited announced July 8 that its subsidiary, Richardson Oilseed (U.S.) Holdings Limited, has entered into a purchase agreement to acquire Italgrani USA Inc., the largest durum miller in North America.Richardson said this latest an-nouncement is an extension of a long-term vision to diversify processing op erations. Assets to be acquired by Richardson include a milling facility in St. Louis, Mo., specializing in semolina and durum flour products; storage and crop inputs facilities situated at Tolley,Powers Lake, and Benedict in North Dakota; and a commodity trading office in Minneapolis, Minn."This acquisition is fully aligned with our long-term strategic goals of diversification, geographic expansion,and an increased presence in food pro-cessing-having gone from canola to oats and now to durum processing," said Curt Vossen, president and CEO of Richardson International. "The sig-nificant scale of processing capability of the Italgrani plant, combined with origination opportunities and crop in-puts retail facilities, all included in this transaction, will further enhance the services we will be able to offer to our producer customers, both in Canada and the U.S." |