Simplot Finalizes Pinnacle Agriculture Acquisition

The J.R. Simplot Co., a privately held food and agribusiness company headquartered in Boise, ID, announced it has finalized the acquisition of Pinnacle Agriculture. The acquisition, first announced in November, unites two market leaders in the distribution of agricultural crop inputs and related services.

“Completing this acquisition represents a significant and important milestone for the J.R. Simplot Company, our employees, partners and customers,” said Garrett Lofto, Simplot President and CEO. “We look forward to shaping an exciting future with our new team members on board as we focus on delivering unique solutions to our customers. Strategically, this investment is another step that prepares us for a future where we can leverage our unique capabilities across the global food and global agricultural systems.”

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Simplot’s AgriBusiness Group now has more than 240 crop input locations throughout the U.S. and Canada with more than 4,400 employees and 500 crop advisors. In total, the Company now provides products and services to more than 40,000 North American farmers.

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