Agricultural cooperative Great Plains Natural Gas Co. based in western Minnesota has approved a $225 million deal to merge with CHS, a leading cooperative in the agriculture industry. The merger was approved by Great Plains’ board of directors and is expected to bring increased benefits and opportunities for both organizations.
The deal includes CHS acquiring all of Great Plains’ assets, including its natural gas distribution network that serves over 42,000 customers in the region. Great Plains customers can expect a seamless transition during the merger process, with no disruptions in service.
This merger aligns with CHS’ strategic goal of expanding its presence in the agricultural market and providing additional services to its customers. It also demonstrates CHS’ commitment to investing in rural communities and supporting local agriculture.
Overall, the merger between Great Plains Natural Gas Co. and CHS is seen as a positive move for both organizations and is expected to bring enhanced value and opportunities for their customers and employees.
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