Heritage, Agland Co-op Explore Mutual Merger Interest
June 30, 2016 According to a report in The Ohio Country Journal, Heritage Cooperative and Agland Co-op have entered into negotiations to consider a possible merger of the two cooperatives.
The boards of directors of both cooperatives have entered into a letter of intent to work toward an agreement of merger.
Boards of directors of both cooperatives believe a merger provides increased opportunities to diversify risks and expand member benefits, according to a joint press release.
The announcement comes on the heels of an action earlier this year by Trupointe Cooperative and Sunrise Cooperative to merge their two member-owned businesses.
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Heritage, Agland Co-op Explore Mutual Merger Interest
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