Written by Tyler R. Etter
On August 24, 2015, the owners of United Suppliers, Inc. and
Land O’Lakes Inc. agreed to the merger of the two corporations. United
Suppliers will merge with Land O’Lakes’ crop inputs business. According to the press release, the aim of the merger is to “create a single, relevant and
competitive system of independent agricultural retailers.”
Land O’Lakes is a leading member-owned cooperative, with
operations spanning from farm production to consumer foods. The company
conducts business in all 50 states, and in over 60 countries. United Suppliers
is a customer-owned wholesale supplier of crop protection inputs, seed, and
crop nutrients. The company is comprised of 600 dealers operating 2,800 retail
locations.
Chris Policinski, President and CEO of Land O’Lakes, stated
that the merger will allow both companies to continue to meet consumer needs,
while combining their resources to better compete in an environment of
“consolidating suppliers and competitors.” The first step of the merger will
bring the seed and crop protection operations of United Suppliers and Land
O’Lakes’ WinField US, LLC. Following this, the two companies’ crop nutrient
businesses will merge.
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