RICHARDSON ADDS TWO MORE CROP INPUTS CENTRES TO ITS GROWING NETWORK


(Winnipeg, MB), Aug. 28, 2017 (GLOBE NEWSWIRE) -- Richardson Pioneer Limited continues to expand its retail crop inputs network across Western Canada through acquisitions and expansion. Today, the company announced the acquisition of two new crop inputs facilities in northeastern Alberta.

Richardson Pioneer is acquiring Webb’s Crop Services Ltd. in Vermilion, AB and Agro Guys Inc. near Forestburg, AB. Both businesses are independent, full-service retail crop inputs centres that provide local customers with seed, fertilizer and crop protection products. The acquisitions will close on August 31 and employees will join the Richardson Pioneer team on September 1.

“Both businesses have been key service providers in their markets. We look forward to establishing a presence in these communities by working with local farmers to provide them with leading products and technologies, year-round support through our CropWatchTM agronomy team and Richardson Pioneer’s best-in-class service,” says Tom Hamilton, Vice-President, Agribusiness Operations.

While these two new locations will provide customers with crop inputs products and services in their local area, producers will also have access to grain handling and merchandising support through Richardson Pioneer’s Ag Business Centres in Lamont, Lavoy and Legacy Junction in Alberta and Marshall in Saskatchewan.

These Alberta locations are the latest additions to Richardson Pioneer’s growing network of retail crop inputs centres across the Prairies. Richardson acquired Crop First Agro in Grenfell, SK in January and it is also expanding its network through new builds. Richardson Pioneer recently opened a brand new crop inputs location in Elrose, SK and construction will be completed on a facility in Pasqua, SK later this fall. Next spring, Richardson Pioneer will open another new crop inputs centre near Wakaw, SK.

“We are focused on aggressively growing our retail crop inputs network across the Prairies,” says Hamilton. “Whether through acquisition, building new or enhancing our existing facilities, we will continue to pursue opportunities to expand our Richardson Pioneer network and offer our services to more customers in strategic locations.”

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 and has over 2,500 employees across Canada, the U.S. and U.K.

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A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/bcd44d43-54a3-4ec6-a855-fbf0aa29502d


            

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