Pipeline Foods has expanded its product portfolio and market focus by purchasing the ancient grains and speciality products businesses of Organic Ventures.
According to Pipeline Foods – a company accelerating the availability and reliability of non-GMO, organic and regeneratively grown food – the deal enhances its offering with the addition of ancient grains as well as bolstering its focus on organic corn products.
As part of the acquisition, Rick Halverson, President of Organic Ventures, will join Pipeline Foods as an equity shareholder.
Following the deal, Pipeline Foods will extend all services, including grain merchandising and the company’s Farm Profit and Ag Impact programs, to its expanded grower and customer base.
“We laid out an ambitious goal when we entered the market in 2017 to dramatically increase the amount of organic and non-GMO grain grown in the US,” said Eric Jackson, founder and Board Chairman of Pipeline Foods.
“This is a critical next step in our company’s growth. It will add new capabilities and products to the existing Pipeline Foods portfolio – a benefit to both our farmers and food company customers.”
Moving forward, Pipeline Foods will originate all grain and ingredients for the Organic Ventures lines of business, as well as its subsidiary, Great River Organic Milling, bringing operational efficiencies to both companies.
Great River Organic Milling will continue to own all Organic Ventures retail-marketed and wheat flour products.