Agrocorp Continues Expansion on the Prairies, Acquiring Veikle Grain

Veikle Grain facilities near Cut Knife, Sask (via AgroCorp.ca)

Agrocorp Canada is expanding its pulse origination network in Western Canada, announcing a deal to purchase a Saskatchewan pulse processor and exporter.

The acquisition of Veikle Grain, with its facility on the CP Rail mainline near Cut Knife, will expand Agrocorp’s presence in northwest Saskatchewan.

“We continue to accelerate our bulk vessel and containerized business in Canada, both in major grains and specialty crops,” said Colin Topham, managing director for Vancouver-based Agrocorp Canada in a statement this week. “As Canada transitions to become the major supplier of protein for the world’s increasing population, we at Agrocorp are excited to be a part of this global story.”

Founded in 1979, Veikle Grain cleans, bags and exports pulse crops to the Middle East, Asia and South America. Its bagged product is sold under the Viking brand. The company also markets canola, wheat and canaryseed.

Agrocorp Canada is a subsidiary of Singapore-based AgroCorp International, one of the largest pulse trading companies in the world. The company also operates a pulse processing plant at Moose Jaw. Agrocorp acquired the former Peace Country Oat Facility at Falher, Alberta in early 2015 and bought the former Central Alberta Transloading Terminal at Innisfail last fall.

Terms of the Veikle Grain deal were not disclosed.

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