A major new player in the flour milling industry will emerge later this year following the merger of ConAgra Mills and Horizon Milling (a joint venture between Cargill and CHS) to create a new company called Ardent Mills.
After multiple abortive attempts in 2011, ConAgra Foods has announced that it has reached a ‘definitive agreement’ to buy Ralcorp Holdings, the largest manufacturer of private label food in the US.