Source: AgProfessional
Wilbur-Ellis Company’s Agribusiness Division, precision agriculture technology specialist and distributor and marketer of plant protection, seed and nutritional products, announced it has acquired the assets of Lacey’s Farmacy Inc., an agriculture retail business located in Salem, S.D. The location will now be part of Wilbur-Ellis’ Midwest Region, and it will significantly broaden the company’s presence in southeastern South Dakota.
“Lacey’s Farmacy is a quality, forward-thinking company whose business aligns well with Wilbur-Ellis’ growth plans in the Midwest,” said Matt Christopherson, South Dakota area manager for Wilbur-Ellis. “We look forward to beginning our integration with the team at Lacey’s Farmacy and working together to maximize our customers’ potential.”
The new location is a strategic fit for Wilbur-Ellis in the region, which includes other recent acquisitions in Chester, S.D. and Creston, Iowa.
“The decision to become a part of Wilbur-Ellis was ultimately made because of their people and the synergies and values that our companies share,” said Tait Lacey. “We look forward to growing this business and introducing our customers to new products and precision crop tools that I believe will be a game-changer for their operations.” Lacey will now serve as branch manager for the location.
Wilbur-Ellis’ Agribusiness Division generates more than $2.1 billion in sales revenue and has approximately 177 branch locations throughout the U.S. More information is available at www.wilburellis.com.