Newly Weds Foods Acquires Continental Mills Operations
Newly Weds Foods, Chicago, Illinois, USA, an innovator in the production of food coatings, seasoning…Newly Weds Foods, Chicago, Illinois, USA, an innovator in the production of food coatings, seasonings and functional ingredients for the food processing and foodservice industries, has purchased the industrial food coating business of Continental Mills, Tukwila, Washington.
The Continental business is primarily comprised of starch and flour based coatings and batters for potato and poultry application as well as other protein and vegetable type substrates. The transaction includes a 55,000 square foot manufacturing facility located in Pendleton, Oregon, and other assets associated directly with this specific business.
"The industrial food coating business purchased from Continental Mills today is consistent with Newly Weds Foods' coating expertise and industry-leading position," said Newly Weds President Charles T. Angell. "Beyond just the immediate addition to sales volume, we see long term benefits arising from inherent values in proprietary products, new product technologies, access to key areas of distribution, an expanded customer base and additional manufacturing capacity. Along with effective organic sales-building activity, acquisitions like this are an important aspect of Newly Weds Foods' aggressive growth strategy."
Newly Weds worldwide operations currently include 14 North America plants and 10 international production facilities including China, Thailand, Australia, the United Kingdom, the Netherlands and the Philippines, plus a well-established network of international partners.
