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ConAgra, Cargill and CHS announce joint venture for flour milling

The new company will be called Arden Mills.

By Shane O'Halloran
2014 opportunities and challenges
March 6, 2013

ConAgra, Cargill and CHS announce joint venture for flour milling

ConAgra, Cargill and CHS agreed to form a new joint venture combining their flour milling businesses. The new company, called Arden Mills, will bring together ConAgra Mills and Horizon Milling, a joint Cargill-CHS venture. ConAgra and Cargill will each own a 44 percent stake in the company, and CHS will own the remaining 12 percent. The formation of Ardent Mills is expected to be complete in late calendar year 2013.   

KEYWORDS: mergers and acquisitions milling

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