World Grain - October 2016 - 14

NEWSREVIEW

Kolkhorst succeeds Dye as NAMA chairman
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president of ADM Milling Co., has been elected chairman of the
North American Millers' Association (NAMA). D. Wade Ellis,
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was elected vice-chairman.
As chairman, Kolkhorst succeeded Dan Dye, chief executive
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place during the NAMA board of directors meeting Sept. 9 at the
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As president of ADM Milling, Kolkhorst has responsibility for
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the Caribbean and the United Kingdom. In recent years Kolkhorst
has served as president, ADM Alliance Nutrition, and as president,

Milling and Cocoa. He also was president of
Specialty Feed Ingredients and earlier in his
career held a range of management positions
in grain merchandising.
Kolkhorst joined ADM in 1986, shortly
after graduating from Illinois State University
with a bachelor's degree in agribusiness. In
addition to his work with NAMA, Kolkhorst
is a member of the board of directors of
Kolkhorst
the National Association of Manufacturers
and the Kansas City, Missouri, U.S.-based American Royal
Association and the National Parkinson Foundation Heartland
Chapter.

Whitworths acquires Carr's Flour Mills
CARLISLE, ENGLAND - Whitworths Holdings Ltd. on Sept.
5 acquired Carr's Flour Mills Ltd. from Carr's Group Plc for a
gross consideration of £36 million and net consideration of £24.9
million after adjustments for working capital and net debt in the
business at completion. Carr's Flour Mills is the food division of
Carr's Group.
Whitworths is a 100% family owned business that includes the
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"The sale of Carr's Flour Mills Ltd. represents an exciting
stage in Carr's strategic development," said Tim Davies, chief
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inevitable. This acquisition by Whitworths presents a great
opportunity for the food division to continue building on the
strong foundations laid over many years. On behalf of the Carr's
board, I would like to thank everyone who has contributed to the
division's success."
Following an approach from Whitworths to acquire Carr's
food division, the board undertook a review of the group's

three divisions. In order to drive future growth and accelerate
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the best interests of shareholders to proceed with the sale. The
group's focus and investment now will be centered on growing its
agriculture and engineering divisions.
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and its revenue was £80.3 million. Carr's three milling centers
are located in Cumbria, Essex and Fife in the United Kingdom,
and use wheat imported from mainland Europe, Canada and the
United States. In 2012, Carr's built a new mill at Kirkcaldy, on
Scotland's east coast. The division currently employs 169 staff
members.
"Carr's Flour Mills Ltd. shares a similar history to Whitworths
in that it is a long-standing business that has received material
investment in recent years," said Martin George, chairman
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geographically and will give us access to the South East, North
of England and Scottish markets that would otherwise not be
available, and means we have national reach."

For more information, see Page 98.

14

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