Ardent Mills to purchase Andean Naturals’ quinoa operations
Food In Canada
February 6, 2020, Denver. Co – Ardent Mills announced its intention yesterday to further invest in specialty grain capabilities and The Annex by Ardent Mills (The Annex) by purchasing Andean Naturals, Inc.’s quinoa sourcing, cleaning and packaging operation in Yuba City, California. The purchase is expected to be finalized in mid-February 2020.
“Our industry is rapidly changing as consumers’ appetite for variety in their diets continues to increase,” said Dan Dye, CEO of Ardent Mills. “As a result, we are making proactive investments in The Annex to meet consumer demand for high-quality, nutritious grains and other sources of plant-based ingredients. With this acquisition, we will be able to offer a complete solution for quinoa and other gluten-free ingredients.”
Yuba City will be Ardent Mills’ first gluten-free sourcing and cleaning facility with the ability to expand to additional grains. This important milestone for The Annex comes shortly after the acquisition of an organic grain elevator in Klamath Falls, Oregon, the Colorado Quinoa™ exclusivity partnership, as well as the Denver RiNo investment to clean and pack specialty grains.
Andean Naturals, Inc. President and Founder Sergio Nunez de Arco will join Ardent Mills. He says that the acquisition is mutually beneficial for both companies, as Andean Naturals Inc. has built expertise in quinoa sourcing and connections to South American farmers, while Ardent Mills brings milling and technical expertise, access to markets and the ability to scale quickly with a sustainable approach.