United Suppliers to merge with Land O'Lakes' crop inputs business
Date:08-25-2015
The owners of United Suppliers, Inc. and members of Land O'Lakes, Inc. have overwhelmingly approved the merger of United Suppliers with Land O'Lakes' crop inputs business. The merger will build on the recent successes of the two companies and aims to create a single, relevant and competitive system of independent agricultural retailers.
Under the merger, Ames, Iowa-based United Suppliers, Inc. will join with Arden Hills, Minnesota-based Land O'Lakes, Inc.'s crop inputs business. The first step of the merger will be to combine the two companies' seed and crop protection businesses under Winfield US, LLC, and a second step will merge the crop nutrient business.
Customers are expected to benefit from expanded product offerings, enhanced precision agriculture services, tools and technologies, improved product insights, consulting services and more.
In 2014, WinField had $4.9B in seed and crop protection product sales and United Suppliers had $2.6B in crop protection, seed and crop nutrient sales. Closing is anticipated in October 2015.