In a move some might already thought was coming, Saskatchewan-based AGT Food and Ingredients Inc announced Thursday it would be seeking privatization. The pulse processing and export company announced the move to go private this morning, but did not offer a clear indication as to when the privatization would actually take place. According to a… Read More

Could Western Canadian crops once again be exported through the Port of Churchill? Owner Omnitrax has reached an agreement-in-principle to sell the rail line leading to Churchill and the Port of Churchill to a consortium that includes pulse exporter AGT Food and Ingredients, according to the federal government. The Hudson Bay rail line has been… Read More

Regina-based AGT Food and Ingredients has announced an agreement to purchase Mobil Capital Holdings Ltd., the parent company of Mobil Grain, for $57.5 million. The price includes the issuance of $19 million of common shares in AGT and a $19.5 million promissory note. Founded by Lavern and Sheldon Affleck, Mobil specializes in operating a modular-designed, moveable… Read More

Whether it’s growing demand for protein or pressure to reduce carbon footprints in the food chain, pulses appear well-positioned to benefit from global food trends. As the largest pea and lentil exporter in the world, Western Canada stands to become the “protein basket of the world,” says Murad Al Katib, president and CEO of Regina-based AGT… Read More

Plans to build a pasta processing plant in Regina are still alive, according to the head of Saskatchewan-based AGT Food and Ingredients (formerly Alliance Grain Traders.) The company’s purchase of West Central Road & Rail for $22 million this spring moves AGT closer to building the facility first announced back in 2011, said Murad Al-Katib at Canada’s… Read More