San Francisco-Wilbur-Ellis Co. on May 1 completed its purchase of the marketing and distribution business of ProFood USA, Inc. and the operating units Poseidon Proteins and Agri Trading-Gooding. “Jerry Klug has grown his business and successfully entered markets that are very attractive to us,” said Wilbur-Ellis President & CEO John P. Thacher, in announcing the acquisition. “In addition, Jerry and his team have developed strong supplier and customer relationships that are consistent with the high service business model that is a hallmark of our feed division.” Jerry Klug, president of ProFood USA, echoed the value to his organization in joining Wilbur-Ellis. Klug confirmed “that the synergy of the two organizations will provide greater resources as well as joint marketing opportunities that will definitely enable us to provide the best service to our customers. The feed ingredient marketplace is changing rapidly and we need to align ourselves with a company that has the necessary resources, shares similar values and has a high level of integrity in the agricultural service business.” Operations will continue to be headquartered at the ProFoods USA office in Brush Prairie, Washington. Other locations in Gooding and Paul, Idaho, as well as Portland, Ore., are included in the transaction. The newly acquired businesses will report to Vice President Ronald Salter, who heads up the feed division headquartered in Portland, Ore.
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