The landmark deal marks a significant step in cross-industry collaboration to drive clean energy adoption across the European supply chain.
This initiative is a cornerstone of both companies’ efforts to mitigate climate risks and ensure the long-term stability of the food supply chain by supporting farmers in adopting restorative practices.
This strategic acquisition marks a significant pivot for Cal-Maine Foods as it seeks to diversify its business model and expand its footprint within the high-growth, “better-for-you” frozen breakfast category.
By integrating Wibholm’s deep industry knowledge with its existing infrastructure, Ardent Mills aims to strengthen its position as a leader in flour milling and functional plant-based solutions.
The company reported a 33% year-on-year increase in net profit to SAR 84.89 million (US$22.6M), up from SAR 63.94 million in the same period last year.