Milling & Baking News - November 3, 2020 - 10

Business

Snack foods maker Benestar Brands
expanding in North Carolina
E. Lee Jr., chief executive officer of Benestar Brands. "Over the past year, our

BENESTAR BRANDS

CHICAGO - Snack foods maker Benestar Brands LLC has announced plans
to invest $24 million to build a new production plant in Kings Mountain, NC.
Benestar Brands is the parent company
of Evans Food Group, a snack food
maker focused on better-for-you snacks.
Benestar said the new facility will
provide easier access to the company's
customer base and the nation's East
Coast market, and also will support
Benestar Brands' expansion into new
snack categories.
"After an extensive search throughout the Southeast, we selected Kings
Mountain, NC, for our newest production facility based on the state's strong
support of the manufacturing industry and talented workforce," said Carl

Benestar's brands include Mac's, Porq,
Turkey Creek, Chicas and Caso de Oro.

Germany's Schenck Process Group to
acquire UK-based Baker Perkins
DARMSTADT, GERMANY - Schenck
Process Group (SPG) has reached an
agreement to acquire Baker Perkins, a
Peterborough, UK-based global supplier of food processing equipment
and aftermarket services for the bakery, confectionery, biscuit, cookie and
cracker, breakfast cereal and pet food
end-markets.
Financial terms of the transaction
were not disclosed.
SPG said the acquisition of Baker

Perkins furthers its focus to extend
its global offering for the food endmarkets. Additionally, it is expected
to strengthen SPG's European capabilities in the food processing and
equipment sector, broaden its product
offering in the Americas and provide
opportunities for growth across the
Asia Pacific region, the company said.
Once the transaction closes in the
fourth quarter of fiscal 2020 Baker
Perkins will continue to be run by the

company has expanded our portfolio
of innovative savory snacks, entering
new categories that will be produced
at this plant."
Benestar said the expansion will
be facilitated, in part, by a Job Development Investment Grant (JDIG)
approved by the state's Economic Investment Committee. Over the course
of the 12-year term of the grant, the
project is forecast to grow the state's
GDP by more than $431 million, Benestar said.
Private investment firm Highlander
Partners, LP acquired Evans Food
Group in August 2019. Evans Food
Group has a presence in more than a
dozen countries in North America,
Latin America and Asia. The company
has five manufacturing operations in
the United States and one in Saltillo,
Mexico. The company was acquired
by Wind Point Partners in 2016. MBN
existing managing directors as part of
the SPG regional business structure,
SPG said.
"I am delighted to see Baker Perkins
join us," said Keith Cochrane, chief executive officer of SPG. "This is a longestablished business with a reputation
for excellent products and customer
service, with a similar business model
to our own. It will complement and
extend our existing product offering
to the food end-market, which is a key
strategic focus, providing good opportunities for future growth, operating
efficiency and further value creation
for all stakeholders." MBN

Viterra building 34,000-tonne grain Anchor Ingredients acquires barley
elevator in central Saskatchewan
assets from Dakota Dry Bean
REGINA, SASK. - Viterra plans to build a grain elevator in
Biggar in central Saskatchewan. The facility will include 34,000
tonnes of storage capacity and a loop track for rail roading.
"For the last several years, we have been making targeted
investments across our asset network to ensure we're aligned
with our operating environment and able to provide the high
level of service our customers expect from a leader like Viterra,"
said Kyle Jeworski, president and chief executive officer of Viterra North America. "We're pleased to be revitalizing our presence in the Biggar area and making a long-term commitment to
our customers through this significant investment."
Construction on the new facility will begin immediately and
is slated for completion in early 2022.
"We commend Viterra for its steady and substantial investments across its asset network, including its new facility at Biggar," said Joan Hardy, vice president of sales and marketing,
grain and fertilizers for CP. "
According to Sosland Publishing's 2020 Grain & Milling Annual, Viterra has total of 85 grain storage facilities with a total of
120.3 million bus of licensed storage capacity. MBN
10 / November 3, 2020

Milling & Baking News

FARGO, ND. - Anchor Ingredients Co., LLC, a supplier of
ingredients for the food and pet food industries, has acquired
the barley business and related production assets of East Grand
Forks, Minn.-based Dakota Dry Bean, Inc. Financial terms of the
transaction were not disclosed.
Anchor said the acquisition allows it to increase its processing capacity and provides additional outlets for its farm-level partners across the region. Dakota Dry Bean's East Grand
Forks facility is capable of pearling and milling barley into
premium ingredients for use in both the food and pet food
markets, Anchor said.
Founded in 2015, Anchor Ingredients operates five valueadd processing plants across North Dakota and Montana, and
has sales offices in California, New Jersey and Minnesota. The
company is focused on food safety, quality control and premium ingredient processing of pearled barley, peas, flaxseed,
chickpeas, oat groats, ancient grains, organics and other specialty crops for food and pet markets. The company's in-house
processing capabilities include cleaning, milling, packaging,
blending and organics.MBN
bakingbusiness.com / world-grain.com

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Milling & Baking News - November 3, 2020

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