Agrium Acquires Miles Farm Supply
Agrium Retail has completed its purchase of the crop protection business of Miles Farm Supply of Owensboro, KY.
November 16, 2010
Agrium Retail has completed its purchase of the crop protection business of Miles Farm Supply of Owensboro, KY, which ranked No. 18 in the 2009 CropLife 100 retailers.
Through the acquisition, Agrium Retail adds 19 retail outlets – 16 in Kentucky, two in Indiana and one in Tennessee. “We will be operating all those outlets,” says Jeff Tarsi, Agrium Retail’s vice president of business strategies. “Kentucky was a gap area for us, so it’s really a nice fit for the company.”
Agrium Retail is currently ranked No. 1 on the CropLife 100.
Debra Seymour, president of Miles Farm Supply, LLC, confirmed the sale, which did not include any of Miles' businesses outside of retail crop protection.
"Miles Farms LLC continues to be a farming operation, and Miles LP Gas is still in existence," Seymour said. " We will rename Miles Farm Supply to Miles Enterprises since we will no longer be in the farm supply business. We also will still operate The Summit and other businesses we have."