RICHARDSON ACQUIRES 10 RETAIL CROP INPUTS LOCATIONS FROM CHS CANADA

RICHARDSON ACQUIRES 10 RETAIL CROP INPUTS LOCATIONS FROM CHS CANADA

RICHARDSON ACQUIRES 10 RETAIL CROP INPUTS LOCATIONS FROM CHS CANADA

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October 31, 2017 (Winnipeg, MB) – Richardson International Limited continues to expand its retail crop inputs network across the Prairies. Today, the company announced the acquisition of 10 retail crop inputs locations in Western Canada from CHS Canada LP. The transaction is expected to close in November.

Richardson will acquire nine crop inputs locations in Alberta – Alix, Beiseker, Bow Island, Carseland, Craddock, Lacombe, Rolling Hills, Standard and Vauxhall – and one in Edenwold, Saskatchewan. All 10 locations are full-service crop input retailers, providing producers with chemical, fertilizer and seed services.

“We look forward to expanding our presence in these areas and working with local producers to provide them with leading seed, fertilizer and crop inputs technologies, supported by our CropWatchTM  agronomy team and best-in-class service,” says Tom Hamilton, Vice-President, Agribusiness Operations.

The company continues to grow its Richardson Pioneer network across Western Canada through acquisitions and new builds. In August, Richardson acquired two independent, full-service retail crop inputs centres in Vermilion, AB and Forestburg, AB. Richardson also opened a new crop inputs centre in Elrose, SK last summer and will be opening another new location in Pasqua, SK in November.

“At Richardson Pioneer, we are focused on building our retail crop inputs business and expanding our network across Western Canada,” says Hamilton. “We will continue to target strategic locations to expand our presence and ultimately offer our services, products and expertise to more producers across the Prairies.”

Richardson Pioneer is a division of Richardson International Limited, Canada’s leading agribusiness. A global leader in agriculture and food processing, Richardson is a worldwide handler and merchandiser of Canadian-grown grains and oilseeds and a vertically-integrated processor and manufacturer of oats and canola-based products. Richardson is one of Canada’s Best Managed Companies with over 2,600 employees across Canada, the U.S. and the U.K.

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