FDBusiness.com

Richardson International, Canada’s leading agribusiness, has expanded its oat milling business with the acquisition of European Oat Millers. Based in Bedford, England, European Oat Millers is the second largest oat miller in Europe, producing a wide range of oat products, including various oat flakes, flour and groats, as well as wheat and barley flakes and extruded ingredients and products. Products are sold throughout the UK, with exports to continental Europe, Africa, the Middle East and Asia.

“We are excited to build on our success in value-added processing and extend our food manufacturing footprint to a new geography,” says Curt Vossen, president and chief executive of Richardson International. “As the largest oat miller in North America, we now look forward to building a presence in Europe to enhance our ability to compete in the global marketplace.”

“European Oat Millers is a solid, family-owned business that is well-established in the U.K. We have been very impressed with both the quality of the business and its people and believe it is an excellent complement to our Richardson Milling division,” adds Curt Vossen. “Looking ahead, we will build on the investments that have already been made, including increasing manufacturing capacity, and will continue to seek opportunities to expand our global business.”

Richardson first entered the oat milling business in 2013 with the acquisition of three oat processing plants in Canada and one in the US.

Richardson is a worldwide handler and merchandiser of major Canadian-grown grains and oilseeds and a vertically integrated processor and manufacturer of oats and canola-based products. Richardson is headquartered in Winnipeg with over 2,500 employees worldwide.