TORONTO — Global Food and Ingredients Ltd. (GFI) announced the creation of a new subsidiary, called Big Sky Milling Inc., on Aug. 14 that will serve the North American pet food industry. GFI will transfer all its pet food ingredient assets into Big Sky.
The new subsidiary is part of GFI’s investment plan with 35 Oak Holdings Ltd., a shareholder of GFI. Big Sky will provide the pet food and treat industry with GFI’s existing ingredient solutions. The subsidiary will also focus on expanding its product offerings and investments to meet processors’ demands.
According to GFI, the reorganization of its pet food ingredients business is expected to be completed in September 2023.
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