is part of the Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

  • American Agriculturist
  • Beef Producer
  • Corn and Soybean Digest
  • Dakota Farmer
  • Delta Farm Press
  • Farm Futures
  • Farm Industry news
  • Indiana Prairie Farmer
  • Kansas Farmer
  • Michigan Farmer
  • Missouri Ruralist
  • Nebraska Farmer
  • Ohio Farmer
  • Prairie Farmer
  • Southeast Farm Press
  • Southwest Farm Press
  • The Farmer
  • Wallaces Farmer
  • Western Farm Press
  • Western Farmer Stockman
  • Wisconsin Agriculturist

Allenberg and Dunavant to merge operations

Allenberg Cotton Co. and Dunavant Enterprises will likely settle a merger agreement by Sept. 30, according to Allenberg Chief Executive Officer Joe Nicosia.

“We’re hopeful to be able to reach a concluded transaction within this quarter,” Nicosia said.

According to an article by Holly Henschen, with Dow Jones Newswires, Allenberg and Dunavant have plans to combine both their U.S. and international operations.

“This merger will be a very positive event for the cotton industry and for both companies,” said William B. Dunavant III, CEO of Dunavant Enterprises.

Allenberg handles approximately 7 million bales of cotton a year while Dunavant handles more than 6 million bales of cotton annually. Both firms are based in Memphis.

TAGS: Cotton
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish