CHATTANOOGA, TENNESSEE, US — Grain Craft, the third largest flour miller in the United States, on July 1 completed the acquisition of the North American dry corn milling assets of Bunge Global SA. Financial terms were not disclosed.
The transaction, which was first announced April 15, includes three dry corn milling facilities (Crete, Nebraska, US; Atchison, Kansas, US; and Danville, Illinois, US), three dry masa facilities (Muleshoe, Texas, US; Red Oak, Iowa, US; and Worthington, Indiana, US) and a transload and packaging facility in Querétaro, Mexico.
The headquarters for the dry corn milling division, which includes about 600 employees, will remain in St. Louis, Missouri, US, Grain Craft said.
When the transaction was first announced, Pete Frederick, president and chief executive officer of Grain Craft, called the acquisition “transformational,” saying it will expand Grain Craft’s product offerings “into an adjacent category and, along with the expertise of our entire team, will enhance our ability to service our customers across a broader spectrum of food ingredients.”
Chattanooga-based Grain Craft operates 12 flour mills with a combined daily capacity of 147,000 cwts, according to the 2025 Grain & Milling Annual published by Sosland Publishing Co. Together with its organic flour company, Central Milling, Grain Craft offers premium bulk and bagged flour for the baking, foodservice, pizza and tortilla industries.
For Bunge, the transaction marks the end of a 45-year history in US corn milling, dating back to the company’s 1979 acquisition of Lauhoff Grain Co., based in Danville. The addition of Lauhoff made Bunge, whose global headquarters were in Sao Paulo, Brazil, at the time, the largest dry corn miller in the world. The head of Bunge’s North American business characterized the deal as a “major expansion and diversification” for the company.