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Agricore Buys Input Retailers
WINNIPEG - Dec 14/06 - SNS -- Agricore United has bought the key assets of Green Acres Fertilizer Service (Major) Inc., Green Acres Chemical Ltd. (collectively Green Acres) and Kerrobert Agro Services Ltd. (Kerrobert), two full service crop production businesses in western Saskatchewan, effective December 18, 2006.
The acquisition will complement Agricore United's existing grain operations at Kindersley, Provost and Wilke, Saskatchewan. Financial terms of the transaction were not disclosed.
Green Acres and Kerrobert offer dry bulk fertilizers, liquid fertilizer, a full line of crop protection products and custom spraying services, a full line of bagged and bulk seed products, and agronomic consulting services. Agricore United will be retaining key staff with strong agronomic backgrounds and experience in grain and agro sales and services.
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