Sylvite to purchase Thompsons’ agronomy business

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Sylvite, with five agri-retail locations throughout Ontario, has reached an agreement with The Andersons, Inc., — the owners of Thompsons Limited, to buy Thompsons’ agronomy business.

According to Thompsons, the agreement comes after a 35 year working relationship with Sylvite. The details of the agreement are still being finalized, and the sale is expected to close sometime in September, 2019.

Andersons will maintain ownership of Thompsons’ grain storage and food processing facilities, while Sylvite will maintain and operate the farm inputs side at these locations, according to Thompsons.

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