Farmers Union Oil Co. Votes To Join CHS

Eligible voting members of Farmers Union Oil Co., a diversified agricultural retailer based out of Oslo, MN, have cast affirmative ballots to join CHS. The vote passed with 96% approving the proposal. The merger will become effective in January 2017, pending appropriate due diligence by both organizations and approval by the CHS Board of Directors.

“Our members are looking forward to the merger with CHS,” says Curt Haugen, board chairman, Farmers Union Oil Co. “This will enhance products and services available to us. It will also offer our members and employees stability in the years ahead. It was important to us to remain a cooperative that pays dividends. We’re excited about it.”

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“We are encouraged about the opportunities ahead for both the customers and employees of Farmers Union Oil,” says Mike Johnston, senior vice president, CHS. “Their business mix and expertise aligns well with the capabilities CHS currently has in the region. We look forward to enhancing and building upon that as look to continue helping our farmer-owners grow successful operations.”

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Customers should expect a smooth transition, including continuity of staffing at its current locations as the group combines with the CHS Country Operations business, CHS Ag Services, based out of Warren, MN.

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