West Central Ag Services approves $225 million merger with CHS in Minnesota

startribune.com November 29, 2024, 03:01 PM UTC

West Central Ag Services has approved a $225 million merger with CHS, a Fortune 500 agricultural company. This decision follows a competing offer from Arthur Cos, which proposed $250 million. West Central's leadership believes CHS offers better long-term value for its members. CHS initially proposed a $200 million deal in May but increased its offer after Arthur's bid. After evaluating both proposals, West Central's board determined that merging with CHS would better serve the interests of its farmer-members. The merger is expected to close in the coming weeks. West Central will operate as CHS West Central, remaining based in Ulen, Minnesota. CHS aims to enhance market access for its farmer-owners through this acquisition.


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