The Andersons Adds to Grain Group
The Andersons Inc., Maumee, Ohio, announced Oct. 15 that it has entered into a merger agreement with Lansing Trade Group LLC, its long-time affiliate, to acquire the 67.5 percent of Lansing equity that it does not already own for cash and stock currently valued at a total of approximately $305 million. Lansing will be integrated with The Andersons’ Grain Group, and the combined operation will be jointly led by Corey Jorgenson, president of The Andersons Grain Group, and Bill Krueger, president and CEO of Lansing Trade Group.