Hi Pro Feeds acquires Champion Feed Services Ltd.
By Hi Pro FeedsFeatures Business & Policy Farm Business Business/Policy Canada
November 9, 2015 – Hi-Pro Feeds recently announced that it has acquired Champion Feed Services Ltd, a group of companies including feed mills, stores and an oat processing facility located in northern Alberta.
“This extends our business into a broader market, creating a vast network across the entire province of Alberta. Adding the Champion feed mills at Barrhead, Westlock, and Grande Prairie will assist in providing a greater mix of products and services to the customers we serve,” says Daren Kennett, Founder of Hi-Pro Feeds. The company currently operates 12 feed mills in the U.S. and western Canada including Alberta facilities at Lethbridge, Olds, Ponoka, and Sherwood Park.
The purchase also includes the assets of Champion Oat Processors in Grande Prairie, and ties nicely with the North American business for Hi-Pro Feeds. “There are some great opportunities for the Hi-Pro business in Texas, Oklahoma, New Mexico and Arizona. We are excited to have a facility that can process, market, and ship double and triple cleaned oats and oat groats to our U.S. and Canadian customers,” explains Kennett. “Our customers have been asking for these high-end products, and now we can include them in our offering.”
The acquisition was expected to close November 2, 2015.
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