CHS to buy retail agronomy assets in Canada
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ST. PAUL, MINN. – CHS Inc. has agreed to acquire selected Canadian retail assets from Crop Production Services (Canada) Inc., a subsidiary of Agrium Inc. Sixteen retail agronomy locations in Alberta and Saskatchewan will become part of the Country Operations division of CHS.
“We look forward to expanding our ability to serve farmers and ranchers in Canada and to being a strong partner in their communities,” said John McEnroe, executive vice-president for CHS Country Operations.
The transaction is expected to be completed on or about April 1. Financial terms were not disclosed.
CHS also said a new 42,000-ton fertilizer plant outside Shelby, Mont., it is building should be open for the spring 2014 season. The facility has a 110-car shuttle loader access to a Burlington Northern Santa Fe railroad line.
CHS, Inver Grove Heights, Minn., is a farmer-owned cooperative and a global energy, grains and foods company. Agrium Inc., Calgary, Alta., is a retail supplier of agricultural services in North America, South America and Australia.