Richardson International to acquire Italgrani USA.

Richardson International, a privately held Canadian agricultural and food industry company, agreed to acquire Italgrani USA, a semolina and durum flour miller in North America. Financial terms were not disclosed. “This acquisition is fully aligned with our long-term strategic goals of diversification, geographic expansion, and an increased presence in food processing – having gone from canola to oats and now to durum processing. The significant scale of processing capability of the Italgrani plant, combined with origination opportunities and crop inputs retail facilities, all included in this transaction, will further enhance the services we will be able to offer to our producer customers, both in Canada and the US,” Curt Vossen, Richardson International President and CEO.