WINNIPEG (Reuters) — Richardson International has bought European Oat Millers in a deal that expands its geographic reach.
The deal closed on June 15 and the parties did not reveal financial details.
Both are privately owned.
Richardson intends to increase manufacturing capacity of European Oat Millers, which is based in Bedford, England, and is the second-largest oat miller in Europe. It will also look for other opportunities to expand globally, chief executive officer Curt Vossen said.
Richardson owns three oat processing plants in Canada and one in the United States.
