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A done deal: UFA officially acquires AgraCity assets
UFA Co-Operatives Ltd (UFA) officially acquired AgraCity Crop & Nutrition Limited (AgraCity) and its assets for $48.2 million. President and CEO Fred Thun explained of that amount, $13 million is towards the fertilizer distribution centre in Belle Plaine, and roughly $35 million allocated to AgraCity assets, including $20 million for "make whole arrangements" for farmers who haven't received product from AgraCity. UFA is also getting AgraCity's …
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A done deal: UFA officially acquires AgraCity assets
UFA Co-Operatives Ltd (UFA) officially acquired AgraCity Crop & Nutrition Limited (AgraCity) and its assets for $48.2 million. President and CEO Fred Thun explained of that amount, $13 million is towards the fertilizer distribution centre in Belle Plaine, and roughly $35 million allocated to AgraCity assets, including $20 million for "make whole arrangements" for farmers who haven't received product from AgraCity. UFA is also getting AgraCity's …
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