DELAWARE, OHIO, US — Heritage Cooperative Inc. announced it has exercised its option to acquire the feed, grain, agronomy and retail assets of Witmer’s Feed and Grain Inc. of Columbiana, Ohio, US. The transaction includes Millstone Farm and Garden and the Witmer Food, Edge and Show It Feed brands that are licensed and currently selling throughout Ohio, Pennsylvania, West Virginia, New York and Maryland.
Financial terms of the transaction were not disclosed.
Founded in 1978, Witmer’s Feed and Grain specializes in the production and delivery of protein blends, mineral mixes, custom mixes, fertilizers and crop seeds. The company’s operations are located in Columbiana and Garfield, Ohio, US, and Berlin, Pennsylvania, US.
“This proposed acquisition aligns with our goal of continued diversification of the business, while specifically enhancing feed production and operations throughout Ohio and in surrounding states,” said Jeff Osentoski, president and chief executive officer of Heritage Cooperative. “The Witmer Feed and Grain management team runs a terrific business, and the company’s employees operate it superbly. I am confident that the addition of the feed, grain, agronomy, and retail operations will benefit Heritage and Witmer customers immediately.”
Mike Witmer, president of Witmer’s Feed and Grain, Inc., added, “As a member of the Heritage Cooperative team, I am personally excited to continue to serve Witmer’s Feed and Grain customers and to provide additional opportunities for employees. Our vision and values align well with Heritage and together we will provide superior customer service and efficiencies with this strategic alignment.”