Niagara Fiber acquires Allied Blending
Niagara Fiber LLC, a global supplier of insoluble fiber products for food, pharmaceutical and industrial applications, and a portfolio company of Arsenal Capital Partners, New York, announces the acquisition of Allied Blending and Ingredients Inc., a Keokuk, Iowa-based provider of fiber- and starch-based proprietary products and mixes for the dairy and tortilla end markets.
“We are excited to add Allied’s unique products, multi-plant locations and technical capabilities to our customer offering and know our customers will benefit from our ability to serve a larger variety of needs,” says Ken Blackburn, Niagara’s CEO. “Allied’s innovative product technology and processes enhance specific performance characteristics of dairy products, flatbreads and tortillas. We are looking forward to combining and expanding Allied’s R&D, formulation and blending capabilities to better serve our customers.”
Last August, Niagara acquired International Fiber Corp., North Tonawanda, N.Y., a supplier of cellulose-based insoluble fiber products for food, pharmaceutical and industrial applications. In October, it acquired Cumberland, Md.-based Fibred a provider of premium soy fiber products for numerous food end markets.