Pinnacle acquires United Agricultural Co-op in Texas

El Camp, Tex. — Pinnacle Agriculture Holdings LLC reported on May 12 that it has successfully acquired the seed, fertilizer, and crop protection assets of United Agricultural Cooperative Inc., headquartered in El Camp, Tex. United Ag will operate as part of Pinnacle’s Sanders brand. Pinnacle said the acquisition will enhance its retail presence in the southeast Texas market. United Ag has been serving agricultural communities along the Gulf Coast of Texas since 1982. The business began as Farmers Cooperative of El Campo (FCEC), and was formed by the consolidation of El Campo Farmers Cooperative and Modern Farmers Cooperative Society. FCEC merged with Danevang Farmers Cooperative in 2012, and the name was changed to United Agricultural Cooperative to better reflect the broad customer base and geographical area served by the co-op. Jimmy Schulz, former United Ag fertilizer and crop production manager, will take over management of the following five locations: 911 South Wharton Street, El Campo, Tex. 77437 (main office/warehouse); 100 South Meadow Lane, El Campo, Tex. 77437 (terminal/blend plant); 11338 Texas 71 S, Danevang, Tex. 77432; 116 South Wells Street, Edna, Tex. 77432; 1898 FM 1432, Victoria, Tex. 77905 (port). The current employees of United Ag will retain their positions under the new ownership. Founded in 2012, Pinnacle’s growing retail distribution business has recently been in a rapid expansion mode, announcing nine acquisitions in the last two months (GM May 12, p. 12; April 28, p. 12; March 31, p. 1; March 17, p. 1).