RICHARDSON ACQUIRES NEW CROP INPUTS BUSINESS IN SOUTHERN MANITOBA

RICHARDSON ACQUIRES NEW CROP INPUTS BUSINESS IN SOUTHERN MANITOBA

RICHARDSON ACQUIRES NEW CROP INPUTS BUSINESS IN SOUTHERN MANITOBA

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RICHARDSON ACQUIRES NEW CROP INPUTS BUSINESS IN SOUTHERN MANITOBA

December 11, 2017 (Winnipeg, MB) – Richardson International Limited is adding another crop inputs location to its growing network of retail crop inputs centres across the Prairies. Today, the company announced the acquisition of Bestland Air Ltd., an independent crop inputs retailer located near Starbuck, Manitoba. The transaction closed on December 8, 2017.

“This business is an excellent addition to our Richardson Pioneer network as it will be an extension of our full-service Richardson Pioneer Ag Business Centre in Starbuck,” says Tom Hamilton, Vice-President, Agribusiness Operations. “It will provide us with additional capacity and enhance our ability to continue providing local producers with leading seed, fertilizer and crop inputs technologies.”

Richardson is focused on building its crop inputs network across Western Canada through both acquisitions and new builds. The company acquired 10 retail crop inputs locations from CHS Canada in October and purchased two independent, full-service retail crop inputs centres in Vermilion and Forestburg, AB last summer.

Richardson is also expanding its network by building new crop inputs facilities in strategic locations across the Prairies. Two new crop inputs centres opened in Elrose, SK last summer and in Pasqua, SK in November. A third new crops inputs facility is currently under construction in Wakaw, SK and will be open for business in 2018.

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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