The deal includes Cargill’s
share in South West Ag Partners, Cargill’s wholly-owned grain-handling
facilities at Melbourne, Princeton, Shetland, Staples and Talbotville and its
wholly-owned retail sites at Alliston, Clinton, Courtland, Harriston, Harrow,
Melbourne, Mount Albert, Princeton, Shetland, Talbotville, Tilbury and
Waterford.
Also included are Cargill’s
interest in the South West Ag Partners grain-handling sites at Becher, Grande
Pointe, Rutherford, Tupperville and Wallaceburg, plus a share in South West-owned
Palmerston Grain and in “all grain satellite relationships.”
That stake also includes an
interest in South West’s crop input retail businesses at Becher, Dover, Eberts,
Ridgetown and Rutherford.
South West, based in Chatham,
also processes and packages food-grade soybeans for export. It is the result of
a merger of Kent County Fertilizers and St. Clair Agri Services in 2001.
Cargill was part owner of St.
Clair Agri Services.
The deal with La Coop will not
include Cargill’s export terminal in Sarnia, its AgResource crop inputs
wholesale business or any other Cargill businesses in Ontario or elsewhere in
Canada.
One of those major Ontario assets is Better Beef slaughter
and beef-processing plants at Guelph.
