USA — Heritage Cooperative Inc. has purchased the feed, grain, agronomy and retail assets of Witmer’s Feed and Grain Inc, a move that it says aligns with its goal to continue diversifying its business.
Heritage Cooperative is an agriculture cooperative with a 100-year history and more than 500 employees that provides forward-thinking, customized solutions in grain merchandising, agronomy, energy, feed, retail, and specialties.
Jeff Osentoski, president and chief executive officer of Heritage Cooperative, said that the acquisition is also expected to enhance feed production and operations throughout Ohio and its surrounding states.
The deal includes Witmer owned Millstone Farm and Garden and the Witmer Food, Edge and Show It Feed brands that are licensed and currently selling throughout Ohio, Pennsylvania, West Virginia, New York and Maryland.
Founded in 1978, Witmer’s Feed and Grain specializes in the production and delivery of protein blends, mineral mixes, custom mixes, fertilizers and crop seeds. It has evolved over the past 40 years to include state-of-the-art feed manufacturing facility and the development of its grain, agronomy, and retail services.
Since its inception, the family-owned business has been delivering feed from its state-of-the-art facility in Ohio which has the capacity to store 2.3 million bushels of grain and manufactures about 100,000 tons of feed a year.
“The Witmer Feed and Grain management team runs a terrific business, and the company’s employees operate it superbly. I am confident that the addition of the feed, grain, agronomy, and retail operations will benefit Heritage and Witmer customers immediately,” Osentoski said.
Mike Witmer, president of Witmer’s Feed and Grain, Inc., added, “As a member of the Heritage Cooperative team, I am personally excited to continue to serve Witmer’s Feed and Grain customers and to provide additional opportunities for employees.
Our vision and values align well with Heritage and together we will provide superior customer service and efficiencies with this strategic alignment.”
Although the financial terms of the transaction have not been disclosed to the public, the acquisition is expected to close on June 30 2022.
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