Flour milling company Ardent Mills began operations on May 29, 2014 in Denver, USA, which combines the operations of ConAgra Mills and Horizon Milling, a Cargill-CHS joint venture (JV).
The company is also supported by 40 mills, three bakery mix facilities and a specialty bakery.
“This is a proud day for our employees and customers who have supported Ardent Mills during every step in this process as we begin a new era in grain,” said Dan Dye, CEO, Ardent Mills. “Today is about many parts coming together to make a new and stronger whole. It’s about a collective strength, history and ability to deliver quality and nutritious ingredients and carry that legacy into the future.”
It will operate as an independent joint venture of its three parent companies, ConAgra Foods (44% share), Cargill (44%) and CHS (12%).
Ardent Mills will tap the market knowledge, transportation logistics, consumer insights, wheat sourcing capabilities, food ingredients and culinary expertise currently available through its parent companies.
It will also provide expanded opportunities for wheat growers and co-ops because its asset base will offer additional sourcing opportunities.
In addition, Ardent Mills’ product innovation capabilities and other strengths will enable these wheat growers to further connect to the consumer marketplace.