Voting members of Larsen Cooperative Co., headquartered in New London, Wisc., have approved a merger with CHS Inc. The decision will become effective in September 2012 pending appropriate due diligence by both organizations. This marks the first Wisconsin-based co-op to join the CHS Country Operations business.
"Our vision lines up well with CHS," said LeRoy Peterson, Larsen general manager. "This is the right thing for us to do both for our patrons as well as our employees. It positions us to serve their needs well into the future."
Larsen Cooperative provides agronomy, grain marketing, feed, farm supply, and energy products and services across 20 communities in northeastern Wisconsin. Home and garden, automotive, and hardware offerings are also part of the Larsen Cooperative business.
"The combination is a good match for both companies," said John McEnroe, CHS senior vice president. "And it aligns with the CHS core commitment to always return value to its member-owners."
The business will continue to operate under the Larsen Cooperative name. Patrons should expect a smooth transition, including continuity of staffing at all Larsen’s locations.