AB Mauri North America, a leader in yeast and bakery ingredient products and solutions, has reached an agreement to acquire the business and assets of Specialty Blending Co., LLC – a bread and sweet goods mix manufacturer located in Cedar Rapids, Iowa, and a subsidiary of Flowers Foods, Inc. The transaction is expected to close in the first quarter of 2017. Financial terms are not disclosed.
Specialty Blending’s mix and milling operation is situated in 44,000-square feet on four acres in Cedar Rapids and features multiple blending lines, including two for whole-grain bread concentrates and a third for sweet goods mixes used in items such as doughnuts and honey buns. Additionally, there is a specialty mill operation ideally suited for ancient grains, organic grains and custom blends.