Panhandle Milling acquires organic baking mixes maker Arrowhead Mills

USA – Panhandle Milling has acquired the Arrowhead Mills facility organic baking mixes, grains, cereals, and nut butters producer in Hereford, the first of a series of expansions to come in the near future that will continue to focus on serving retailers and customers in key areas of the country. These new assets will serve to further-grow Panhandle Milling’s business via the expansion of capabilities, products, and custom packaging solutions. according to the company, its new and current capabilities include extrusion, flaking, drying, enrobing, grinding, and roasting. The expanded product…

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Hain Celestial sells two US brands to Hometown Food for US$15m

USA – The organic and natural products company, Hain Celestial has closed the sale of its Arrowhead Mills and SunSpire brands to Hometown Food Company in a US$15 million deal. The transaction includes the Arrowhead Mills manufacturing facility in Hereford, Texas and its employees. Arrowhead Mills makes a range of baking mixes, breakfast cereals and flours. Mark Schiller, Hain Celestial CEO said, “We are pleased to complete the strategic divestitures of the Arrowhead Mills and SunSpire brands, demonstrating the consistent execution of our stated transformational plan to reduce complexity and…

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