PGP International, a Division of ACH Food Companies, Inc. and an ABF Ingredients Company, today announced the acquisition of US specialty rice mill business, Riverbend Rice Mill, Inc ., a specialty sweet rice milling company. Riverbend Rice Mill, Inc. is strategically located in Colusa, CA, about fifty miles from PGP International’s operations in Woodland, CA, and in the epicenter of rice growing area of Northern California. Riverbend Rice Mill, Inc. was founded in 1993 to meet the specialty rice milling needs of its customers.
From its founding to the present PGP International emerged as a major customer for its own export business. At PGP International, we see the opportunity to vertically integrate our manufacturing operations and broaden our core capabilities through the addition of the Riverbend milling operation. This acquisition helps secure PGP International’s strong position in the short/waxy rice and rice flour blends (cake mix) markets in Japan and also provides opportunities for further product line expansion in support of our existing domestic flour business and the emerging organic rice flour business.
Our intention is to expand our rice flour and blends product range by using the existing core capabilities at the rice milling facility and to add others in the future. The former Riverbend Rice Mill will now become the PGP International Rice Milling Facility. We look forward to Riverbend Rice Mill, Inc. being rapidly integrated into PGP International and we enthusiastically welcome all Riverbend employees into the PGP International/ABF Ingredients family.
Stephen Catling, CEO
ABF Ingredients
Zach Wochok, CEO
PGP International
