| Ag giant Cargill to sell 18 retail locations to Agrium | |
| | |
|
WAYZATA, Minn. (AP) -- Agribusiness giant Cargill Inc. is selling 18 retail crop input dealers to Canadian-based crop production services company Agrium Inc.
The companies said in a statement Wednesday that the locations have annual revenues of over $150 million. The outlets are in Nebraska, South Dakota, Minnesota, Wisconsin, Michigan and Indiana. The sale does not involve Cargill's Canadian crop input retail business.
Agrium president and CEO Chuck Magro said the retail locations are in areas of the Corn Belt where his company has a limited presence. Agrium's retail distribution network has over 1,400 facilities selling fertilizers, herbicides, insecticides, fungicides, seeds and services.
The group leader of Cargill's North American agricultural supply chain, Roger Watchorn, said that privately held Cargill will focus on being the world's leading merchant of grain and oilseeds.
|
|
|
Agrium Inc.
|
|
|
CODE : AGU.TO |
ISIN : CA0089161081 |
|
| |
ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Agrium Inc. est une société de production minière basée au Canada. Agrium Inc. est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 20,0 milliards CA$ (15,9 milliards US$, 13,3 milliards €). La valeur de son action a atteint son plus bas niveau récent le 29 décembre 2000 à 10,00 CA$, et son plus haut niveau récent le 29 décembre 2017 à 144,58 CA$. Agrium Inc. possède 138 175 400 actions en circulation. |