Mennel, Plaza Belmont Acquire Renwood Mills
March 14, 2016
In March 2016, The Mennel Milling Company and Plaza Belmont, a private equity group, entered into an agreement to jointly operate Renwood Mills, LLC. The commitment from Mennel to provide management oversight of the North Carolina-based bakery mix facility, came after careful consideration and enthusiastic approval from Mennel's Board of Directors.
"We are excited to work with Tommy Lynn, CEO, and the entire management team at Renwood Mills, to continue to build on the strong foundation and fine tradition of producing the highest quality products in North Carolina."
Ford Mennel, President of Mennel, Fostoria, Ohio
The addition of the Renwood Mills facility to Mennel's robust portfolio of locations in Ohio and throughout the greater Midwest serves as a key milestone for the diversification of services.
If our current customers are seeking a just-add-water mix, we can now offer a more complete product. Similar to Mennel, Renwood Mills has an outstanding reputation for their commitment to quality, uniformity and service. This partnership is a great fit.
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