Wilkie-Unity Press-Herald
According to the Parrish & Heimbecker website, Wilkie’s Louis Dreyfus location has been acquired by Parrish and Heimbecker.
The Sept. 4 release on the website indicates the deal significantly expands P&H’s grain and crop input footprint across Western Canada with the strategic acquisition of 10 Louis Dreyfus Company locations across Manitoba, Saskatchewan, Alberta and British Columbia. P&H says the acquisition strengthens its leadership position in the grain supply and crop input markets.
P&H says it will provide farmer customers with increased access to more competitive offerings in grain trading, handling and merchandising, as well as full-range crop input products backed by leading agronomic solutions.
“The company continues its capital investment in growing a more competitive grain supply chain across Canada, including expanding grain terminals, flour milling facilities, feed mills and elevators,” states the release.
The 10 locations are Wilkie, Tisdale, Aberdeen and Kegworth in Saskatchewan, Rathwell and Virden in Manitoba, Joffre, Lyalta and Rycroft in Alberta, and Dawson Creek in British Columbia.
“This is an incredibly exciting day as P&H continues its investment in assets and terminals to provide farmers with local, best-in-class products and support, backed by a growing national grain asset network,” says John Heimbecker, chief executive officer for P&H. “This is a win-win for farmers seeking a more competitive grain and crop inputs offering as well as for the stakeholders within P&H and LDC who work to support them.”
