Monday, July 12, 2021

Richardson buys durum miller

Richardson International is buying Italgrani USA Inc., reputed to be the largest single-site miller of semolina and durum wheat.

It owns a mill, elevator and Mississippi River barge-loading facility in St. Louis, three grain elevators in northwestern North Dakota and a commodity trading business in Minneapolis.

Richardson did not reveal financial terms of the deal which will require government approval.

Richardson said it plans to “retain the current workforce” for the St. Louis-based company.