MKC, Moundridge, Kan., has entered into a letter of intent to acquire Mid-West Fertilizer Inc., a full-service agricultural retailer headquartered in Paola, Kan., the companies announced on Oct. 15. The acquisition is expected to be completed in early 2020, and will include Mid-West’s grain, wholesale and retail agronomy, energy, feed, and trucking operations.
The two companies are currently completing the required legal documents and due diligence necessary to finalize the transaction. MKC and Mid-West have collaborated for three years through their relationship with Team Marketing Alliance LLC, a majority-owned subsidiary of MKC.
Rod Silver, President and CEO of Mid-West, will continue to lead Mid-West after the acquisition. Mid-West has 155 employees and 25 locations in Kansas, Arkansas, Oklahoma, and Missouri.
GreenPoint AG’s Hardinsburg, Kentucky fertilizer facility caught fire around 11 a.m., Monday, Oct. 14, 2019. One building at the complex was completely destroyed.
“We believe the fire began as an electrical fire and are working with local and state officials to determine the best course of action at this time,” says Tim Bogy, GreenPoint AG’s Environmental, Health and Safety Manager. “Various fertilizers and crop protection products were in the facility at the start of the fire, but this facility does not house any explosive products.”
Local residents were ordered to shelter in place and no injuries were reported.
GreenPoint AG has 54 facilities in seven states, and is headquartered in Memphis.
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