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MINNEAPOLIS -- Cargill today said it acquired Integrated Bakery Resources (IBR), a provider of pre-mix systems, finished foods and related marketing services to North American-based bakers and retailers.
Cargill said the acquisition, which includes, Breadsong Baking Company, IBR's wholly owned commercial baking and blending operation, strengthens its ability to deliver innovative solutions that help its customers achieve their business goals. Based in Lake Oswego, Ore., a suburb of Portland, IBR employs 78 people. Terms of the transaction were not disclosed.
"The acquisition of Integrated Bakery Resources supports Cargill's corporate food strategy of being a leading integrator of ingredients for food and beverage companies globally," said John Geisler, Cargill corporate vice president. "It brings to our company a team possessing leadership, recognized expertise and a proven track record of customer success in the baking category."
Cargill is an international provider of food, agricultural and risk management products and services.