Parrish & Heimbecker Limited (P&H) has announced it has acquired 10 Louis Dreyfus Company (LDC) locations across the Prairies and into British Columbia. According to a news release, the purchase expands the company’s grain and crop input offerings across new geographies as the company strengthens its leadership position in the grain supply and crop input markets.
“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, P&H.
The 10 facilities are located in:
- Tisdale, Sask.
- Wilkie, Sask.
- Aberdeen, Sask.
- Kegworth, Sask.
- Rathwell, Man.
- Virden, Man.
- Joffre, Alta.
- Lyalta, Alta.
- Rycroft, Alta.
- Dawson Creek, B.C.
The purchase will offer producers increased access to more competitive offerings in grain trading, handling and merchandising, as well as P&H’s full-range crop input products, the company says.
“Providing farmers with increased variety and more powerful combinations of crop input solutions is more important than ever as we look to drive yields and overall performance,” adds Heimbecker. “Acquiring geographically strategic assets from a global leader like LDC makes us better and stronger by an order of magnitude.”