The Andersons Inc., Maumee, Ohio, announced on July 10 that it has completed the purchase of ACJ International LLC (ACJ) and its subsidiaries, an ingredient, logistics, and supply chain management company that focuses on the pet food industry. The deal was first announced on June 13 (GM June 16, p. 27). Terms were not disclosed.
“The pet food industry continues to increase its demand for high-quality and responsibly sourced ingredients,” said Weston Heide, Senior Vice President for The Andersons Trade and Processing. “This acquisition expands our portfolio of ingredients while also enhancing our supply chain services throughout the central region of the US to provide further support for our customers in the pet food markets.”
The purchase includes ACJ’s headquarters in Lake St. Louis, Mo., and its facility locations in Joplin, Mo., Webb City, Mo., and Monroe, Wisc. Verdant Partners LLC served as advisor to ACJ in the transaction.
“We are excited to be joining an organization with such a rich history and deep roots in agriculture,” said Michael Peterson, President of ACJ. “Being a part of The Andersons will provide our customers access to an expanded portfolio of ingredients and services while maintaining high standards of quality, integrity, and transparency.”