M&A Deal Summary

The Mennel Milling Company Acquires Keynes Brothers

On May 18, 2018, The Mennel Milling Company acquired food company Keynes Brothers

Acquisition Highlights
  • This is The Mennel Milling Company’s 2nd transaction in the Food sector.
  • This is The Mennel Milling Company’s 2nd transaction in the United States.
  • This is The Mennel Milling Company’s 1st transaction in Ohio.

M&A Deal Summary
Date 2018-05-18
Target Keynes Brothers
Sector Food
Buyer(s) The Mennel Milling Company
Deal Type Add-on Acquisition

Target

Keynes Brothers

Logan, Ohio, United States
Keynes Brothers Inc. is a processor of wheat flour. Keynes Brothers has operations in southern Ohio with a mill in Logan, Ohio; and three country elevators in Atlanta, Ohio, Jeffersonville, Ohio and Radnor, Ohio.

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Buyer(S) 1

Buyer

The Mennel Milling Company

Fostoria, Ohio, United States
Category Company
Founded 1886
Sector Food
Employees500
DESCRIPTION

The Mennel Milling Company is a flour milling company. Mennel consists of 5 state-of-the-art ?our mills; 10 country grain elevators; 2 trucking companies; 2 bakery mix facilities; a popcorn plant; among other businesses. Mennel was formed in 1886 and is headquartered in Fostoria, Ohio.

DEAL STATS #
Overall 2 of 2
Sector (Food) 2 of 2
Type (Add-on Acquisition) 1 of 1
State (Ohio) 1 of 1
Country (United States) 2 of 2
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-07 Renwood Mills

Newton, North Carolina, United States

Renwood Mills sells flour and other baking products in the Southeastern United States for use in food service, food production, and in retail channels under the Southern Biscuit and Tenda-Bake brands. Renwood Mills was founded in 1935 and is based in Newton, North Carolina.

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