Pipeline Foods, a U.S.-based supply chain solutions company focused on organic, non-GMO, and regenerative food and feed, has reached an agreement to acquire the ancient grains and specialty products business of Organic Ventures. As part of the acquisition, Rick Halverson, Organic Ventures’ president, will join Pipeline Foods as an equity shareholder and business unit manager for the Pipeline Foods commercial team.
The acquisition complements Pipeline Foods’ product portfolio across the Americas by adding ancient grains to its offerings, and further bolsters its focus on organic corn products. Pipeline Foods will extend all services, including grain merchandising and the company’s Farm Profit and Ag Impact programs, to its expanded grower and customer base.
“We laid out an ambitious goal when we entered the market in 2017 to dramatically increase the amount of organic and non-GMO grain grown in the United States,” said Eric Jackson, founder and board chairman of Pipeline Foods. “This is a critical next step in our company’s growth. It will add new capabilities and products to the existing Pipeline Foods portfolio—a benefit to both our farmers and food company customers.”
Moving forward, Pipeline Foods will originate all grain and ingredients for the Organic Ventures lines of business, as well as its subsidiary, Great River Organic Milling, bringing operational efficiencies to both companies. Great River Organic Milling will continue to own all Organic Ventures retail-marketed and wheat flour products.
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