MAUMEE, OHIO, U.S. — The Andersons, Inc. has completed the sale of the agronomy business of Thompsons Limited, a wholly owned subsidiary in Ontario, Canada, to Sylvite of Burlington, Ontario.
“This change will allow us and Sylvite to both focus on our core businesses in Ontario and better serve our shared customers,” said Corey Jorgenson, president of assets and originations, The Andersons Trade Group. “We will expand our commitment of providing grain marketing expertise to local growers, and we know Sylvite will provide a similar focus helping them raise the best crops possible with the latest agronomy services and technologies.”
The Andersons will continue to own and operate Thompsons’ grain storage and edible bean processing facilities in Ontario, while Sylvite will assume ownership of its agronomy assets. The company will share space and resources with Sylvite and work with them to create a transition for growers.
“We are excited to expand our geographic footprint and service offerings in Ontario,” said Hugh Loomans, president and chief executive officer of Sylvite. “We look forward to continuing to help growers in this province and to working with The Andersons to meet their unique needs.”
Sylvite is a Canadian-owned, independent wholesaler of farm fertilizer in Ontario and eastern Canada. It provides value-added solutions to the agri-business, industrial and government sectors. Sylvite’s network includes more than 300 service-oriented people, warehousing services, trucking and agricultural supply.