AGT Food and Ingredients

AGT Food and Ingredients's picture

Employer Summary

AGT Food and Ingredients (TSX:AGT) is one of the largest suppliers of value-added pulses, staple foods and food ingredients in the world. We buy lentils, peas, beans and chickpeas from farmers around our 40+ facilities located in the best pulse growing regions in Canada, the United States, Turkey, Australia, China and South Africa and ship our products to over 120 countries around the globe. We create value for producers, quality products for our customers and growth for our shareholders.

AGT Food and Ingredients (formerly Alliance Grain Traders) was founded in 2007 with the acquisition of Saskcan Pulse Trading by the Agtech Income Fund, the predecessor to Alliance Grain Traders. The fund was re-branded the Alliance Grain Traders Income Fund and a new leader in the global pulse industry was born. In 2009, Alliance Grain Traders completed a conversion to a dividend paying corporation and a transformational acquisition with its acquisition of the Arbel Group, creating a global leader in the processing, trade and export of pulses and staple foods. The acquisition also included the Arbella Pasta brand, one of the best-selling domestic brands of pasta in Turkey that is also being sold in over 90 countries worldwide, and the largest bulgur and durum wheat and semolina milling facilities in Turkey. In 2014, Alliance Grain Traders underwent a name change to AGT Food and Ingredients to reflect its expanding business and increased focus on pulses, staple foods, food ingredients and packaged foods.

AGT Foods was founded on the following mission statement, based on the operational philosophy that has made all areas of the group leaders in food products:

“To provide clean and quality product with reliable and timely shipments, competitive pricing and flexible delivery arrangements for bulk, bagged and packed pulses and foodstuffs. Our commitment to supply guaranteed quality to our clients is ensured through comprehensive production, execution and quality control.”

This philosophy is part of our guiding principle “From Producer to the World”.

AGT Foods is an active exporter to all geographic regions, serving a network of customers in the Americas, Europe, Africa and Asia. The company currently employs over 2000 full-time staff and is actively exporting to over 120 countries. The core business of AGT Foods is supplying customers with premium quality Red Split and Football Lentils, King Red Lentils, B90 and Kabuli Chickpeas, Laird/Eston/Richlea Lentils, Queen Green Lentils, Yellow Split and Whole Peas, Green Split and Whole Peas, Whole and Split Desi Chickpeas, Navy Beans, Pinto Beans, Dark and Light Kidney Beans, Black Beans, White Beans, Faba Beans and other specialty crops such as Canary Seed. AGT Foods facilities feature systems for cleaning, calibration, peeling, splitting and colour sorting on a full line of pulses. With its facilities in Turkey through the Arbel Group, AGT Food and Ingredients also offers beans, rice, milled durum wheat and bulgur products. Through the Arbella brand, AGT Food and Ingredients offers a full line of packaged pasta products for the domestic Turkish market that is also exported to over 90 countries around the globe.

In 2013, AGT Foods commissioned its first large-scale pulse ingredient and fractionation facility in Minot, North Dakota, focused on production of flours, proteins, starches and fibres derived from pulses for use in food ingredients and branded feed products including pet food and aquaculture. The commissioning was completed in 2014, with additional capacity added later that year.

AGT Foods also announced the acquisition of bulk grain handling assets in 2015. The rail transportation and loading infrastructure will be essential elements to the competitiveness of AGT Foods’ legacy business segment, both for customers and to supply pulses and durum wheat to AGT Foods’ global operations.