Saskatchewan Wheat Pool Inc.
today announced its purchase of the key assets of Gates
Fertilizer Ltd., including leases on two retail outlets located
in Nipawin and Carrot River, Saskatchewan. This acquisition will
further complement the Pool's existing retail network and
enhance its ability to serve area customers.
"We are excited at the prospect of
strengthening our presence in northeast Saskatchewan," said Doug
Weinbender, Vice-President, Agri-products. "The increase in
capacity allows us to provide an even greater level of service
to our valued customers, by offering enhanced solutions to
support their growing farm business needs."
Both locations will be fully
operational, effective immediately, and will offer a wide range
of products including fertilizer, seed, and crop protection
packages. Local customers will also enjoy the added benefit of
increased access to NH3, a type of nitrogen fertilizer.
Saskatchewan Wheat Pool Inc. is a
publicly traded agribusiness headquartered in Regina,
Saskatchewan. Anchored by a Prairie-wide grain handling and
agri-products marketing network, the Pool channels Prairie
production to end-use markets in North America and around the
world. These operations are complemented by value-added
businesses and strategic alliances, which allow the Pool to
leverage its pivotal position between Prairie farmers and
destination customers. The Pool's common shares are listed on
the Toronto Stock Exchange under the symbol SWP.
