Agricapital Corporation Advises Nutra Blend Acquisition of The Old Mill Troy

November 8, 2012 James Heinsman In the News

Agricapital Corporation, a leading M&A firm for agribusiness companies with founding shareholder Todd Meister, was approached by the owners of The Old Mill Troy to advise them on their strategic alternatives and future company growth earlier this year. Extensive reviews revealed several opportunities through a comprehensive sale process.

The Old Mill Troy, with help from Agricapital, deemed Land O’Lakes the best company to lead them towards their goals, and announced an acquisition by the company’s subsidiary Nutra Blend.

The transaction served beneficial for both parties; The Old Mill Troy is a well-respected regional premix blender and distributor of micro-ingredients and specialty ingredients, as well as a distributor of a variety of bagged, super sacked and bulk products for the feed industry. Land O’Lakes Purina Feed’s Nutra Blend also distributes and manufactures quality micro-ingredients for the feed industry. Now, it will acquire facilities in Vermont, New York, Ohia and Pennsylvania.

Nutra Blend’s Executive Vice President and COO Dave Hoogmoed explained:

“Acquiring OMT’s business presented an attractive opportunity for us, in part, because it has limited overlap with our Nutra Blend premix customers and OMT has a strong reputation in the Northeast.

“This acquisition will give the Nutra Blend business expanded access to the Northeast, as well as facilitating our national distribution system. This expanded footprint will allow us to increase our service offering to our customers and vendors.”

Agricapital, Land O'Lakes, M&A, Mergers and Acquisitions, Nutra Blend,

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