The sale includes Great River's milling operation and a new, state-of-the-art packaging and distribution facility.
Great River Milling specializes in organic and specialty baking flour, grains and breakfast products, which have nationwide distribution through leading retailers and major e-commerce platforms in the U.S.
Great River is also known for its co-manufacturing and private label capacities for top-tier retailers.
CGI will integrate its own Balanced Bushel brand of dry beans and pulses in consumer-friendly packaging into the Enrich Foods portfolio.
The Great River Milling facility is located in southwest Wisconsin and offers a central location to service U.S. grain market and freight routes.
The new Safe Quality Food (SQF) processing facility features high-speed robotic lines for high capacity, offers packing, milling and blending capabilities for stone or hammer mill, as well as innovative packaging options from laminated to recyclable, compostable, and biodegradable. It also offers a range of package sizes and types for retail, club and foodservice use. It is SQF, gluten free, organic and non-GMO certified, kosher, and has allergen-friendly capabilities.
This new venture provides CGI the foundation to expand into the CPG category and to welcome future business and acquisition opportunities and new market penetration.
"CGI's acquisition of Great River Milling to launch Enrich Foods gives us the platform to develop healthy, clean, packaged food innovations," said Jeff Van Pevenage, CEO and president of Columbia Grain and Enrich Foods. "It allows us to leverage our agricultural base of 5,000 producers to open new markets for them thanks to our unique processing and packaging capabilities, all in an effort to further our mission of nourishing the world, safely. I am confident in the competent leadership and passionate team at Great River Milling, which will help make the transition to our ownership seamless."
CGI said Enrich Foods will benefit from its stability and access to world markets for commodity sourcing.