TOKYO -- Nisshin Seifun Group plans to buy four U.S. flour-milling plants from Cargill Group, the largest grain company in the country, and its subsidiary Horizon Milling, and ConAgra Foods, for 22.1 billion yen ($213 million).
The Japanese milling company plans to acquire the factories by the end of May through Minnesota-based subsidiary Miller Milling Company, which it acquired in March 2012.