CIGI, Cereals Canada merger moves closer to a vote

Following the June announcement of a proposed merger, the boards of Canadian International Grains Institute (CIGI) and Cereals Canada are moving closer to a vote on full amalgamation of the two entities.

Dean Dias, interim CEO of CIGI, says that both organizations have been in conversation over what a merger would look like, what governance model to use, and more. In the coming weeks, Dias says, each individual board will decide whether or not to put the amalgamation question to its respective memberships. That vote, if proposed, would likely happen by the end of March.

The merger of the two groups makes sense on several levels, Dias says, as there is significant overlap between memberships of the two organizations. What’s more, an amalgamation brings together the market access piece together with promotion and market development all under one roof.

Dias adds that combining technical support with policy development and marketing into a fully integrated organization just makes sense.

CIGI isn’t a cereals-only business, however. He says that CIGI will continue to provide technical support for its pulse related activities on a fee-for-service basis. “CIGI has the facilities and expertise in the use of pulse flours as ingredients in traditional products and will be open to provide support to the pulse industry when needed,” he says.

Listen to the full conversation between CIGI’s Dean Dias and RealAgriculture’s Jessika Guse recorded at CropSphere below:

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