date:Apr 28, 2014
ConAgra Foods and Horizon Milling, a joint venture of Cargill and CHS, have reached an agreement to sell four US flour mills to Miller Milling Co, accelerating their plan to merge their flour mill businesses in North America.
The deal was first announced to public in March 2013, and was expected to close in the latter of 2013. The four mills included in the deal have a combined daily capacity of 62,500cwts, and will be purchased at $215m.
Expected to be completed in May, the transaction is sub