MAUMEE, OHIO, US — The Andersons, Inc. has purchased Bridge Agri Partners Inc., which specializes in providing ingredients to the pet food industry, the company announced Nov. 1.
Bridge Agri Partners, based in Lethbridge, Alberta, Canada, will continue to work under the Bridge Agri Partners name as a wholly owned subsidiary of The Andersons. Financial terms were not disclosed.
“We are excited to expand our pet food ingredient portfolio and our physical presence in the central northern region of the US and Canada," said Bill Krueger, president, The Andersons Trade and Processing. “As a trusted partner in the pet food ingredient industry for many years, we are eager to offer greater options to our customers."
The Andersons noted that this acquisition supports the company’s strategy to expand its core grain and fertilizer businesses, including premium products focused on food and feed, and the company’s goal to become the most nimble and innovative North American agricultural supply chain company.“Having worked with The Andersons for many years, I look forward to being part of the larger organization,” said Darwin Rusu, president, Bridge Agri Partners. “This team of skilled and experienced employees, which is among the best in the industry, has been critical to our success. Combining the market knowledge and supply chain expertise of our two companies will enhance the value we provide to current and new customers. I look forward to an exciting future with The Andersons.”