Andersons Archives

Sylvite set to buy Thompsons agronomy business

By GFM Network News August 6, 2019

Ontario grain and bean handler Thompsons Ltd. is set to sell its crop agronomy business to a retail business partner in that province. U.S. grain firm The Andersons, the owner of Thompsons since January, announced Tuesday in its second-quarter report it plans to sell Thompsons’ “agronomy assets” to Burlington, Ont.-based Sylvite Holdings. Financial terms of […] Read more

The Thompsons facility at Hensall, Ont., about 50 km north of London. (ThompsonsLimited.com)

Crops, Markets

Grain firms Andersons, Lansing to merge

By GFM Network News October 15, 2018

The two U.S. grain firms that jointly own Ontario grain handler and processor Thompsons Ltd. are taking their relationship to the next level. Ohio-based grain handling and processing firm The Andersons, Inc. announced Monday it has signed a deal with Lansing Trade Group (LTG) for the remaining 67.5 per cent of LTG it doesn’t already […] Read more

Crops, Reuters

U.S. grain handler Andersons to exit retail business

By Reuters, GFM Network News January 16, 2017

Reuters — Loss-making U.S. grain handler Andersons Inc. said Sunday it plans to exit the retail business, affecting over 1,000 employees, at a time when the U.S. farm sector is facing a downturn due to a sharp decline in grain prices. The company, which buys grain, produces ethanol and leases rail cars, said it will […] Read more

The Andersons’ ethanol plant at Denison, Iowa. (AndersonsEthanol.com)

Crops, Reuters

HC2 broadens offer for U.S. grain handler Andersons

By GFM Network News June 3, 2016

Chicago | Reuters — HC2 Holdings Inc. broadened its offer to buy pieces of The Andersons Inc. on Thursday, days after the loss-making U.S. grain handler said an earlier proposal to break up its business units was dead on arrival. HC2, a holding company run by former hedge fund manager Philip Falcone, said it would […] Read more

Crops, Reuters

U.S. holding company offers to buy grain handler Andersons

By GFM Network News May 17, 2016

Reuters — HC2 Holdings Inc., a company run by former hedge fund manager Philip Falcone, said on Tuesday it has made a bid to buy U.S. grain handler Andersons Inc for about US$1 billion in cash. Andersons is not looking to be acquired, the company’s new CEO told Reuters a day earlier. “As a public […] Read more

The Andersons Grain Group’s Toledo-area elevator at Maumee, Ohio. (AndersonsGrain.com)

Crops, Markets, Reuters

U.S. grain firm Andersons not interested in being bought

By GFM Network News May 21, 2015

New York | Reuters — U.S. grain handler Andersons Inc. is not interested in being acquired, CEO Mike Anderson said on Thursday after Richardson International expressed interest in a takeover. Richardson, one of Canada’s largest grain handlers, last week said it was interested in Andersons as part of a push to expand in the U.S. “Our strategy […] Read more

Richardson CEO Curt Vossen said the company is in the market for acquisitions in the U.S. grain sector. (Dave Bedard photo)

Crops, Markets, Reuters

Richardson targets U.S. acquisitions

By Rod Nickel, GFM Network News May 14, 2015

Winnipeg | Reuters — Richardson International, one of Canada’s largest grain handlers, is seeking expansion in the U.S. through acquisitions worth $100 million to as much as $2 billion, its CEO said Thursday. Richardson, which now owns two U.S. mills, is interested in Andersons Inc. and private companies Bartlett and Scoular, as well as co-operatives, […] Read more

G3 CEO Karl Gerrand, shown here Wednesday in Winnipeg, says the new company is interested in further ag-related investments across the country. (Dave Bedard photo)

Crops, Markets, Reuters

G3 sees opportunities to expand in Canadian ag sector

By GFM Network News April 15, 2015

Reuters — A joint venture of a state-owned Saudi Arabian investment firm and U.S. grain trader Bunge is interested in making further investments in Canada’s farm sector after striking a deal to take control of grain handler CWB, the new j.v.’s CEO said Wednesday. G3 Global Grain Group, a joint venture of Bunge and Saudi […] Read more

Crops, Markets, Reuters

Andersons shares up after report hints Glencore interest

By Reuters, GFM Network News March 20, 2015

Reuters — Shares of U.S.-based agribusiness Andersons Inc. jumped more than six per cent on Friday, outpacing the sector, after a Bloomberg News report speculated that Glencore could be interested in acquiring the company. The story mentioned Glencore’s interest in expanding its agricultural assets and named Ohio-based Andersons as well as privately held companies Scoular […] Read more

GFM Network News

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Tag Archives Andersons

Sylvite set to buy Thompsons agronomy business

Grain firms Andersons, Lansing to merge

U.S. grain handler Andersons to exit retail business

HC2 broadens offer for U.S. grain handler Andersons

U.S. holding company offers to buy grain handler Andersons

U.S. grain firm Andersons not interested in being bought

Richardson targets U.S. acquisitions

G3 sees opportunities to expand in Canadian ag sector

Andersons shares up after report hints Glencore interest

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