MAUMEE, Ohio, March 31, 2017 /CNW/ -- The Andersons, Inc.
(Nasdaq: ANDE) announces today it has completed the sale of its
farm center facilities in Florida
to Wedgworth's Inc., of Belle Glade,
Florida. The plan to sell the Florida locations was first announced by The
Andersons on March 6, 2017.
"We believe the sale of these farm centers to Wedgworth's
provides the best solution for the operation of these facilities as
well as for employees and customers," says Bill Wolf, Plant Nutrient Group president. "The
Andersons remains committed to its farm center business and will
continue to operate its locations in the Eastern Corn
Belt."
The Andersons obtained the farm centers through the acquisitions
of Douglass Fertilizer in 2008 and Immokalee Farmers Supply, Inc.
in 2011. The Andersons products will continue to be available to
customers in the region through a distribution agreement with
Wedgworth's.
About The Andersons, Inc.
Founded in Maumee, Ohio, in
1947, The Andersons is a diversified company rooted in agriculture
conducting business across North
America in the grain, ethanol, plant nutrient and rail
sectors. For more information, visit The Andersons online at
www.andersonsinc.com.
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SOURCE The Andersons, Inc.