MAUMEE, OHIO, U.S. — The Andersons, Inc. has acquired the assets of Naperville, Illinois, U.S.-based Nu-World Foods from Tella Atlantic Holdings. Nu-World Foods is a supplier of gluten-free food products and ancient grain ingredients.
Financial terms of the transaction were not disclosed.
“This acquisition aligns with our strategy for growing our specialty grains business,” said Andy Vollmar, director of food ingredients and specialty grains at The Andersons. “Our Grain Group has been a trusted partner in the food ingredients industry for many years, and we are excited to expand our portfolio to offer more gluten-free and ancient grain options to our food customers.”
Nu-World operates a certified organic, kosher and gluten-free processing facility in Dyersville, Iowa, U.S. The facility specializes in puffed and popped ancient grains such as amaranth, quinoa, millet, sorghum and rice. The plant also manufactures several ancient grain flours, pre-gel powders and seeds and offers contract packaging.
The Andersons purchase of Nu-World comes 18 months after the company acquired Purity Foods, Inc., an organic and conventional ancient grains processor in Hudson, Michigan, U.S. Purity Foods has 650,000 bushels of storage capacity along with two production lines. The company also has a cleaning facility that is capable of conditioning and color sorting organic and conventional grains.