Agropur acquires U.S. dry blending business
Agropur’s acquisition from Foremost Farms USA will allow the company to grow in the ingredients category
Longueuil, Que. – Agropur cooperative has acquired the dry blending business of Foremost Farms USA of Baraboo, Wis., a supplier of cheese, dairy products and ingredients.
As a result of this transaction, Agropur now owns the following brands: Reddi‐Sponge, PZ‐44, Econo Bake, Dairy Bake, Nutrimix and Baker’s Special.
Main Street Ingredients, part of Agropur, will commercialize those brands.
Agropur says the acquisition reflects the importance of the ingredients sector to its growth.
“The ingredients business is an important sector for the future growth of our organization in the U.S.,” says Robert Coallier, CEO of Agropur. “And this investment, which is in keeping with Agropur’s strategies, will allow us to grow in the baking and blending industry.”
Agropur says it will work closely with Foremost Farms in order to ensure a smooth transition for customers so that orders, deliveries and billings remain on schedule.