Cargill announced June 9 that it has acquired Integrated Bakery Resources (IBR), a provider of pre-mix systems, finished foods and related marketing services to North American-based bakers and retailers.
The acquisition, which includes Breadsong Baking Company, IBRs wholly owned commercial baking and blending operation, strengthens Cargills ability to deliver innovative solutions that help its customers achieve their business goals. Based in Lake Oswego, Ore., IBR employs 78 people. Terms of the transaction were not disclosed.
Geisler added that the acquisition will provide a number of customer benefits. Specifically, our customers will have access to a growing portfolio of world-class products and services that leverage the strengths of Cargill and IBR. These offerings will help our customers effectively address a range of issues, including product innovation and formulation, time to market, and product branding and packaging, said Geisler.