Continental Mills purchases Sun Country Foods and Kretschmer Wheat Germ
Continental Mills has acquired Sun Country Foods including the iconic Kretschmer Wheat Germ brand and a manufacturing facility located in Manhattan, Kansas. The terms and conditions of the transaction were not disclosed.
The Kretschmer brand was founded in 1936 by Charles Kretschmer, and now has a 90% market share in the U.S. wheat germ category. Sun Country Foods was formed by Brynwood VI in 2011 to acquire the Kretschmer brand.
John Heily, President and CEO of Continental Mills, said,
Source: Continental Mills