Agriliance Retail South Assets Sold
CHS Inc. and Land O'Lakes, Inc. are selling selected Agriliance Retail South assets to Decatur, AL-based Agri-AFC.
April 13, 2009
CHS Inc. and Land O’Lakes, Inc. are selling selected Agriliance Retail South assets to Decatur, AL-based Agri-AFC.
The acquisition includes locations in Georgia and Mississippi. The Georgia locations are in Waynesboro, Sasser, Hawkinsville, Rochelle, Arabi, Sylvester, and Camilla. In Mississippi, the locations are in Hattiesburg and Magnolia.
Agri-AFC was formed in 2003 as a joint venture between Alabama Farmers Cooperative, Inc. and Agriliance LLC. In 2007, Winfield Solutions, LLC, a Land O’Lakes company, acquired Agriliance’s interest in Agri-AFC. Agri-AFC provides crop input products to Alabama Farmer’s Coop member cooperatives through seven fertilizer terminals, three crop protection warehouses, and two seed warehouses. In addition, Agri-AFC operates seven former Agriliance retail locations in south Alabama and southwest Georgia. The acquisition of the Agriliance locations in Georgia and Mississippi supports Agri-AFC’s strategic plan for growth.
Agriliance will continue to operate and aggressively support its remaining retail locations, while continuing to investigate other repositioning opportunities.