United Cooperative, based out of Beaver Dam, recently acquired four grain and agronomy locations from Archer Daniels Midland in Auroraville (Berlin), Oshkosh, Ripon and Westfield.
"United Cooperative is pleased with the positive result of these negotiations," commented David Cramer, United Cooperative president and chief executive officer. "United Cooperative currently operates facilities in and serves customers in much of the same geography. We look forward to the efficiencies our combined operations will bring our customers in these areas. We are also pleased to welcome many of the ADM employees into the United Cooperative family."
"United Cooperative strives every day to make sure we have the products and services to meet and exceed the needs of our patron members, regardless of the size and scope of their farming operation," noted Cramer. "This business, combined with our existing facilities in the area, will allow us to offer improved feed, grain, agronomy, and energy services to our new and existing customers in central-Wisconsin."
The four facilities sold to United Cooperative have a combined grain storage capacity of over 13 million bushels. United Cooperative also acquired the retail agronomy locations at Westfield and Auroraville. The Oshkosh location includes a liquid fertilizer terminal capable of receiving rail or truck with storage capacity of over 20,000 tons.
United Cooperative is a full-service cooperative offering feed, grain, agronomy and energy services to patrons throughout much of Wisconsin, northern Illinois, and upper-Michigan. In 2014, United Cooperative had sales of over $579 million, and currently serves customers in this area from its Auroraville, Beaver Dam, Pickett and Ripon facilities.
"We are not only buying a business, we are acquiring the opportunity to serve a broader range of quality producers, and add new services to our existing offerings", remarks Cramer, "and as a cooperative, United Cooperative returns its profits to its members, helping grow local economies throughout Wisconsin."
Source: United Co-op