Federated Co-operatives Limited (FCL) and AGT Foods have announced a joint venture partnership that will see a 1.1 million metric tonne/year canola processing facility in Regina, Sask. The canola crush plant is part of a larger $2 billion investment FCL is making in the construction of an Integrated Agriculture Complex (IAC). The announcement builds on… Read More
Tag: AGT foods
While pulse market challenges haven’t been grabbing headlines as much lately, there are longer standing issues with chickpea, pea, and lentil movement than say, canola’s recent run-in with China. Murad Al-Katib, CEO of AGT Foods, says that there are reasons to be optimistic on pulse markets heading in to 2020, even in the face of… Read More
It’s been several months since Saskatchewan-based AGT Food and Ingredients’ leadership announced its plans to take the company private. Today, AGT, Fairfax Financial, and Point North Capital released the details of its agreement to privatize. AGT says they’ll offer $18 per common share, which represents a premium of 36.7 per cent to the closing price… Read More