Agrium To Acquire 18 Ag-retail Locations From Cargill - Quick Facts

(RTTNews) - Agrium Inc. (AGU.TO, AGU) announced a binding purchase agreement between its Crop Production Services and Cargill AgHorizons (U.S.) for the acquisition of 18 Ag-retail locations, across the northern U.S. Corn-Belt region, in the states of Nebraska, South Dakota, Minnesota, Wisconsin, Michigan and Indiana. The transaction is expected to close by the end of third quarter of 2016.

"This acquisition demonstrates our continued focus on growing our North American Ag-retail business, particularly in the highly desirable U.S. Corn Belt. The locations are in regions where we currently have a limited presence," said Agrium's CEO, Chuck Magro.