IDAHO WHEAT COMMISSION

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Redwood Capital to acquire Grain Craft

Grain Craft, the largest independent milling company in the United States, has entered into an agreement under which Redwood Capital Investments, LLC will acquire Grain Craft. Grain Craft will continue to operate as an independent business following the transaction.

“We are extremely excited to partner with Redwood and look forward to continuing to grow our business together,” said Peter T. Frederick, president and chief executive officer of Grain Craft. “Redwood is the ideal long-term home for the largest independent flour miller in the country. They have a clear understanding of the business, its principles, and management’s long-term strategy to create value for all stakeholders.”