Ardent Mills acquires Hinrichs Trading Company assets

Photo © Shutterstock.com/id-art

Ardent Mills (Denver, CO) acquired all of the assets of Hinrichs Trading Company (HTC), a North American chickpea sourcing, cleaning and packaging company, building upon on its existing specialty ingredient capabilities, including plant-based offerings, and grower connections.

“We are very pleased to reach today’s milestone and to welcome the talented Hinrichs Trading Company team to the Ardent Mills family,” said Dan Dye, CEO, Ardent Mills, in a press release. “Together, we will bring nutritious grain-based and specialty ingredient solutions to our customers and help further nourish our communities.”

Ardent Mills will 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.

Phil Hinrichs, CEO of HTC, said in a press release: “Hinrichs Trading and the Hinrichs family feel that the Ardent Mills’ team will help move the pulse industry above and beyond all expectations we have had for our farmers and our customers. The future is very exciting.”