Legumex Walker Archives

Scoular sidewalk chalk art at the Engredea Expo in Anaheim, Calif. in 2017. (Scoular video screengrab via YouTube)

Scoular to sell edible bean business

By MarketsFarm Team, GFM Network News February 10, 2020

MarketsFarm — The Scoular Company has made a deal to sell its edible beans business in Manitoba and the northern U.S. to a Michigan edible bean processing and exporting co-op. Cooperative Elevator Co., which is owned by over 1,100 U.S. farmers and operates mainly in Michigan’s “thumb” northeast of Flint, announced Friday it will buy […] Read more

(Photo courtesy Tri-Field Farms via Facebook, used by permission)

Crops

Scoular buys grain elevator in Manitoba’s Interlake

By Grainews Staff, GFM Network News June 2, 2016

U.S. grain company The Scoular Co. is expanding its stake in the Prairie grain handling market by buying a small former Agricore elevator in Manitoba’s Interlake region. The company on Thursday announced its “recent purchase” of the Tri-Field Farms elevator at Netley, about 25 km north of Selkirk at the south end of Lake Winnipeg. […] Read more

Canola, Crops, Markets

Ex-Legumex crush plant gets new owners, supply deal

By Grainews Staff, GFM Network News January 5, 2016

Canada’s top grain handler is set to start feeding canola to a U.S. West Coast crushing plant now half-owned by the Prairie company’s parent firm. Regina-based Viterra, the grain handling arm of multinational commodity firm Glencore, on Tuesday announced a supply and marketing deal with Pacific Coast Canola (PCC), a next-to-new crush plant at Warden, Wash., […] Read more

Canola, Features

There’s a new processing giant on the block

Change is in store for farmers with the sale of Legumex Walker's Special Crops Division

By Patty Milligan December 15, 2015

On November 9, 2015 Legumex Walker shareholders voted overwhelmingly to accept The Scoular Company’s offer to buy its Special Crops Division for $94 million. The completion of the transaction is subject to regulatory approval and is expected to close by the end of November. This marks the end of Legumex Walker’s journey as one of […] Read more

Winnipeg-based Legumex Walker’s pulse plants are Scoular’s first major play in the Prairie crops sector. (Dave Bedard photo)

Crops, Markets, Pulses

Legumex Walker shareholders approve sale

By Grainews Staff, GFM Network News November 13, 2015

Shareholders in Prairie special crops processor Legumex Walker have voted to take a deal for their company’s assets from U.S. grain firm Scoular. Winnipeg-based Legumex reported Monday that shareholders representing just over 76 per cent of its stock have voted 99.6 per cent in favour of selling the company’s special crops division to the Scoular […] Read more

Crops, Markets, Reuters

Grain handler Scoular on hunt for more Canadian buys

By Rod Nickel, GFM Network News September 21, 2015

Winnipeg | Reuters — U.S. crop handler The Scoular Co. is looking to acquire stakes in grain and oilseeds facilities in Western Canada, fresh off agreeing to its first major purchase in the crop-growing belt, the private company’s chief operating officer said Monday. Scoular last week agreed to pay $94 million for the special crops […] Read more

Canola, Crops, Markets, Pulses, Reuters

Legumex to sell processing plants, wind down company

By Rod Nickel, GFM Network News September 14, 2015

Winnipeg | Reuters –– Prairie special crops firm Legumex Walker said Monday it has agreed to sell its pulse and special crop processing plants and expects to sell its U.S. canola-crushing facility, allowing it to wind down the company. Winnipeg-based Legumex plans to sell its special crops division, which includes 14 plants in Canada, the […] Read more

Canola, Crops, Markets, Pulses

Loan called on Legumex’s U.S. canola crusher

By Grainews Staff, GFM Network News August 5, 2015

Prairie special crop processor Legumex Walker is weighing its options after major lenders to the company’s U.S. canola crushing arm called their loan. Pacific Coast Canola, a cold-press canola crushing operation at Warden, Wash., about 160 km southwest of Spokane, is 84 per cent owned by TSX-traded, Winnipeg-based Legumex, and 16 per cent owned by commodity […] 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

Canola, Crops, Markets, Pulses

Legumex Walker puts sale, merger options on table

By Grainews Staff, GFM Network News March 16, 2015

Pulse, canola and special-crop processing firm Legumex Walker has declared itself open to “strategic alternatives” for its future, including a sale or merger. The publicly-traded Winnipeg company said Monday its board of directors has set up a review committee to “identify and consider strategic and financial alternatives… with the ultimate goal of maximizing shareholder value.” […] Read more

Alberta crop conditions improve: report

U.S. grains: Corn sets contract lows on expectations for big US crop

U.S. livestock: Cattle strength continues

GFM Network News