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The Andersons, Inc. Acquires Majority Ownership in Skyland Grain, LLC

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The Andersons (Nasdaq: ANDE) has acquired majority ownership in Skyland Grain, , expanding its grain and fertilizer operations across Kansas, Oklahoma, Colorado, and Texas. Skyland operates over 50 grain and agronomy locations, serving more than 7,000 active co-op members. The acquisition strengthens The Andersons' presence in a region with the fastest-growing feed demand in the country. The merger combines Skyland's local market expertise and assets in grain, agronomy, cotton, and fuel with The Andersons' extensive merchandising network, doubling the size of their retail farm center business and enhancing buying power across the North American agricultural supply chain.

The Andersons (Nasdaq: ANDE) ha acquisito la maggioranza di Skyland Grain, espandendo le sue operazioni nel settore dei cereali e dei fertilizzanti in Kansas, Oklahoma, Colorado e Texas. Skyland gestisce oltre 50 sedi dedicate ai cereali e all'agronomia, servendo più di 7.000 membri attivi della cooperativa. Questa acquisizione rafforza la presenza di The Andersons in una regione con la domanda di mangimi in più rapida crescita nel paese. La fusione combina l'esperienza nel mercato locale e le risorse di Skyland nei settori dei cereali, agronomia, cotone e carburante con l'estesa rete di merchandising di The Andersons, raddoppiando la grandezza della loro attività di centri agricoli al dettaglio e migliorando il potere d'acquisto lungo la catena di fornitura agricola nordamericana.

The Andersons (Nasdaq: ANDE) ha adquirido la mayoría de Skyland Grain, expandiendo sus operaciones de cereales y fertilizantes en Kansas, Oklahoma, Colorado y Texas. Skyland opera más de 50 ubicaciones de cereales y agronomía, sirviendo a más de 7,000 miembros activos de la cooperativa. La adquisición fortalece la presencia de The Andersons en una región con la demanda de piensos de más rápido crecimiento en el país. La fusión combina la experiencia de mercado local y los activos de Skyland en cereales, agronomía, algodón y combustible con la extensa red de comercialización de The Andersons, duplicando el tamaño de su negocio de centros agrícolas minoristas y mejorando el poder de compra a lo largo de la cadena de suministro agrícola en América del Norte.

The Andersons (Nasdaq: ANDE)는 Skyland Grain의 지분 대다수를 인수하여 캔자스, 오클라호마, 콜로라도 및 텍사스에서 곡물 및 비료 사업을 확장하고 있습니다. Skyland는 50개 이상의 곡물 및 농업 관련 장소를 운영하며, 7,000명 이상의 활성 협동조합 회원에게 서비스를 제공합니다. 이번 인수는 미국 내에서 가장 빠르게 성장하는 사료 수요 지역에서 The Andersons의 존재감을 강화합니다. 이번 합병은 Skyland의 지역 시장 전문성과 곡물, 농업, 면화 및 연료 자산을 The Andersons의 광범위한 상업 네트워크와 결합하여 소매 농장 센터 사업의 규모를 두 배로 늘리고 북미 농업 공급망 전반에서 구매력을 향상시킵니다.

The Andersons (Nasdaq: ANDE) a acquis une participation majoritaire dans Skyland Grain, élargissant ses opérations de grains et d'engrais à travers le Kansas, l'Oklahoma, le Colorado et le Texas. Skyland exploite plus de 50 sites de grains et d'agronomie, servant plus de 7 000 membres actifs de coopératives. Cette acquisition renforce la présence de The Andersons dans une région où la demande de fourrage croît le plus rapidement dans le pays. La fusion combine l'expertise locale et les actifs de Skyland dans les domaines des grains, de l'agronomie, du coton et du carburant avec le réseau de commercialisation étendu de The Andersons, doublant la taille de leur activité de centres agricoles de détail et améliorant le pouvoir d'achat tout au long de la chaîne d'approvisionnement agricole nord-américaine.

The Andersons (Nasdaq: ANDE) hat die Mehrheitsbeteiligung an Skyland Grain übernommen und erweitert damit seine Getreide- und Düngemittelbetriebe in Kansas, Oklahoma, Colorado und Texas. Skyland betreibt über 50 Standorte für Getreide und Agronomie und bedient mehr als 7.000 aktive Genossenschaftsmitglieder. Die Übernahme stärkt die Präsenz von The Andersons in einer Region mit der am schnellsten wachsenden Futter-Nachfrage im Land. Die Fusion kombiniert die lokale Marktexpertise und die Vermögenswerte von Skyland in den Bereichen Getreide, Agronomie, Baumwolle und Kraftstoffe mit dem umfangreichen Merchandising-Netzwerk von The Andersons, wodurch die Größe ihres Einzelhandelsbetriebs im Landwirtschaftssektor verdoppelt und die Einkaufsmacht entlang der nordamerikanischen Agrarversorgungskette verbessert wird.

Positive
  • Expansion into strategic markets with highest feed demand growth
  • Addition of 50+ grain and agronomy locations
  • Access to 7,000+ active co-op members
  • Doubles size of retail farm center business
  • Enhanced buying power and market reach
  • Integration of complementary assets and capabilities
Negative
  • None.

Insights

This strategic acquisition significantly strengthens ANDE's market position in key agricultural regions. The deal brings 50+ grain and agronomy locations and 7,000+ active co-op members into ANDE's network, effectively doubling their retail farm center business. The expansion into Kansas, Oklahoma, Colorado and Texas - regions with the fastest-growing feed demand - positions ANDE to capture larger market share and enhance operational synergies.

The transaction's value lies in three key areas: increased merchandising capabilities through combined grain operations, enhanced buying power in agronomy services and expanded geographical footprint in high-growth markets. Skyland's diverse portfolio, including cotton gins and precision agronomy services, adds valuable revenue streams and cross-selling opportunities. This vertical integration strengthens ANDE's competitive position in the agricultural supply chain and should drive meaningful revenue and cost synergies.

The acquisition aligns perfectly with current agricultural market trends. The target regions are experiencing rapid growth in feed demand, driven by expanding livestock operations and shifting agricultural patterns. Skyland's established presence in precision agriculture through Heartland Soil Services positions ANDE to capitalize on the growing adoption of data-driven farming practices.

The timing is strategic as consolidation in agricultural services continues to accelerate. By combining Skyland's local market expertise with ANDE's national distribution network, the company can better serve farmers while improving operational efficiency. The deal creates a more resilient business model by diversifying both geographically and across service offerings, from grain handling to retail fuel sales.

MAUMEE, Ohio, Nov. 4, 2024 /PRNewswire/ -- The Andersons, Inc. (Nasdaq: ANDE) announced they have finalized the acquisition of a majority ownership in Skyland Grain, LLC. 

The transaction enables The Andersons to expand its core grain and fertilizer businesses across strategic markets, including Kansas, Oklahoma, Colorado, and Texas. At the same time, Skyland will benefit from access to The Andersons extensive portfolio of assets and capabilities.

"With Skyland becoming part of The Andersons, we are confident that we are well-positioned to capitalize on the significant opportunities in this region, which boasts the fastest-growing feed demand in the country," said Bill Krueger, president and CEO of The Andersons. "Skyland's strong farmer relationships and core assets in grain, agronomy, cotton, and fuel, combined with our grain merchandising presence across the U.S. make this a powerful combination. Further, by bringing together our agronomy businesses, we not only double the size of The Andersons retail farm center business, but our combined buying power and expansive reach will create new opportunities for our customers, enhancing their competitiveness across the North American agricultural supply chain."

"We are excited to join forces with The Andersons," said Pete Goetzmann, CEO of Skyland. "Their asset footprint is a strong complement to ours, offering our producers greater access to the best markets. As a leader in the grain trade with a proven track record, The Andersons merchandising expertise, combined with Skyland's deep local market knowledge and customer base, creates a powerful synergy that aligns perfectly with our mission of connecting our producers to the world."

Skyland has more than 7,000 active co-op members across over 50 grain and agronomy locations. Skyland was advised on the transaction by Ascendant Partners, LLC and FTI Consulting, Inc.

About The Andersons, Inc.
The Andersons, Inc., named in 2024 to Forbes list of America's Most Successful Small Companies, Newsweek's list of America's Most Responsible Companies, and one of The Americas' Fastest Growing Companies by the Financial Times, is a diversified company rooted in agriculture that conducts business in the commodity merchandising, renewables, and nutrient & industrial sectors. Guided by its Statement of Principles, The Andersons is committed to providing extraordinary service to its customers, helping its employees improve, supporting its communities, and increasing the value of the company. For more information, please visit www.andersonsinc.com.

About Skyland Grain, LLC
Skyland operates grain storage and handling facilities at 50 locations in Kansas, Colorado, Oklahoma, and Texas. It also operates three cotton gins, a full-service agronomy sales and service division, and a retail and wholesale fuel sales and delivery division. Skyland also owns a majority interest in Heartland Soil Services, LLC, a precision agronomy testing, data analysis, and consulting company with operations in five states. For more information, please visit www.skylandgrain.com.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/the-andersons-inc-acquires-majority-ownership-in-skyland-grain-llc-302294874.html

SOURCE The Andersons, Inc.

FAQ

What regions will ANDE expand into through the Skyland Grain acquisition?

Through the Skyland Grain acquisition, ANDE will expand into Kansas, Oklahoma, Colorado, and Texas markets.

How many locations does Skyland Grain operate that ANDE acquired?

Skyland Grain operates over 50 grain and agronomy locations, including three cotton gins, across multiple states.

How many co-op members does Skyland bring to ANDE?

Skyland brings more than 7,000 active co-op members to ANDE through the acquisition.

What is the impact on ANDE's retail farm center business?

The acquisition doubles the size of ANDE's retail farm center business operations.

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