The Andersons to buy stake in Skyland Grain

Market: Agriculture, Biofuels, Fertilizers
11/06/24

Agriculture and fertilizer distributor The Andersons will purchase an ownership interest in agricultural cooperative Skyland Grain.

Skyland primarily operates grain storage facilities and merchandizes grain. The company also owns two cotton gins and provides bulk liquid, dry, and anhydrous ammonia fertilizers. The company operates in south-central and southwest Kansas, northwest Oklahoma, eastern Colorado, and Texas.

The size of The Andersons' stake in Skyland and financial terms were not disclosed by the companies.

The Andersons operates grain elevators and distributes fertilizer across the US. The deal would expand The Andersons grain and fertilizer portfolios.

By Alise Pruitt

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