Ardent Mills has successfully completed the acquisition of substantially all of the assets of Hinrichs Trading Co. (HTC), the North American leader in chickpea sourcing, cleaning and packaging.
As part of Ardent Mills’ strategic growth plan, the acquisition builds upon its existing specialty ingredient capabilities and close grower connections, and helps customers bring innovative products to market to meet growing consumer demand for pulse and plant-based ingredients.
“We are very pleased to reach today’s milestone and to welcome the talented Hinrichs Trading Company team to the Ardent Mills family,” says Dan Dye, CEO, Ardent Mills. “Together, we will bring nutritious grain-based and specialty ingredient solutions to our customers and help further nourish our communities.”
Phil Hinrichs, CEO, HTC says the company and family feel that the Ardent Mills’ team will help move the pulse industry above and beyond all expectations they have had for its farmers and customers. “The future is very exciting," he says.
The acquisition enables Ardent Mills to leverage HTC’s strong connection to producers, expertise in seed varieties, and finished products processing, and combine it with Ardent Mills’ insights, risk management and R&D resources. With this addition, Ardent Mills can now offer complete field-to-formulation solutions for customers.
About Ardent Mills
Ardent Mills is the premier flour-milling and ingredient company whose vision is to be the trusted partner in nurturing its customers, consumers and communities through innovative and nutritious grain-based solutions. Ardent Mills' operations and services are supported by more than 35 flour mills, a specialty bakery, a gluten-free facility, five chickpea and pulse locations, and The Annex by Ardent Mills (The Annex), a dedicated team committed to cultivating the future of specialty grains and plant-based ingredients.
