The offering includes two entities working both independently and collectively. Entity one is a long-established bean processing plant that processes and packages dry edible beans and pulse crops for domestic and international bulk and retail sales. Entity two is a long-standing industrial bean and yellow popcorn processing plant.
Headquartered
• Great Plains, U.S.
Key Aspects
• Successfully aligned farm-to-shelf operations cover all aspects of supply including processing, packaging and distribution
• Vertical supply chain provides excellent quality control and increased customer and market insights as well as cost efficiencies lending to improved profitability
• Products are branded, and sold through multiple wholesale distribution channels
• State-of-the-art facilities and equipment with advanced automation technology
• Stringent quality and compliance standards in place that focus on safety including HACCP and BRC certifications
Real Estate
• Entity 1
- Location 1: Approximate 8.4-acre footprint with 380,000 cwt of dry bean storage and handling and 110,000 bushels of pearled barley storage.
- Location 2: Approximate 7-acre footprint with approximately 1,200 linear feet of rail service (13 cars) and 5,000 square feet of warehouse.
• Entity 2
- Approximately 28 acres with 300,000 cwt of dry bean storage and handling and 20 million pounds of unprocessed popping kernel storage. The site includes approximately 2,300 linear feet of rail service (15 cars).
Current Markets
• Multiple customer markets in the value chain are served. The entities supply global wholesale consumer markets via third-party brokers.
Shareholder Objectives
• Multiple owners have varying goals that include remaining with the Company post sale or a full exit. Ownership is open to deal structures that will help facilitate a successful transaction.
