Agrico acquires shares from partners in Sharpe’s Soil Services

Moosomin, SK, March 8, 2016 – Agrico Canada Ltd announces that it has acquired all the shares of Sharpe’s Soil Services Ltd so that it is now the sole proprietor of the retail crop input company founded in Moosomin, Saskatchewan in 1976. Agrico has been in a joint venture partnership with Sharpe’s since 1995. This transaction has been finalized and is effective immediately.

“Agrico Canada thanks its valued partners in Sharpe’s – Blair Sharpe, founder and president of the board, and Dan McKenzie, CEO – for their long and fruitful collaboration in the joint venture established in 1995,” stated Bill Wilford, General Manager at Agrico. “Thanks to their expertise and client service, second to none over the last 40 years, Sharpe’s has established itself as a major retailer in Western Canada, that won them the Canadian agri-retailer of the Year award from the CAAR in 2010,” he added.

Agrico Canada wishes to reassure all of its clients that they will not be affected by any changes in the day-to-day business at Sharpe’s. The culture of superior customer service that Sharpe’s employees have built the business on will stay intact. Usual contacts, brands and company names remain unchanged as well. Furthermore, the joint venture strategy – with its focus on local ownership – that has been instrumental in Sharpe’s success will remain in effect. Agrico will move forward in the process of bringing on new partners at Sharpe’s in support of continued growth and expansion in the region.

Agrico Canada intends on meeting with the stakeholders affected by the transaction in the near future.

Sources:

Bill Wilford, General Manager, Agrico Canada
Ben Marc Diendéré, Senior VP, Communications, Public affairs and Branding

Media contact for Agrico:

Marie-Helene Cliche, Communication Manager
514 347-5939 | marie-helene.cliche@lacoop.coop