Arcadia Co-op to merge with Allied Cooperative
Allied Cooperative announced that the members of Arcadia Co-op voted in favor of a merger with Allied Cooperative. The positive vote paves the way for the consolidation, which will be effective on Dec. 1, 2014.
“We are very pleased with the result of today’s votes,” said Bob Boberg, Arcadia Co-op general manager. “Our members have recognized the opportunities that a combined cooperative can provide and we are eager to move forward as part of Allied Cooperative.”
Allied Cooperative’s CEO Timothy Diemert said, “We look forward to Arcadia Co-op members becoming part of the Allied Cooperative family. We share a commitment to our members, employees and the communities we serve. Together we look forward to growing our cooperative and better meeting the expanding needs of our members.”
“Over the next few weeks we will be developing a ‘next steps’ plan and beginning the process of bringing together our two cooperatives,” said Diemert. “
The combined co-op will have approximately 375 employees and will serve customers from 32 locations in nine Wisconsin counties. Cooperative business leaders estimate the combined organization’s sales will be approximately $280 million.
Allied Cooperative’s roots date back to 1917. Its services include agronomy, feed, grain, LP, refined fuels, hardware, tires, auto parts and convenience stores. It currently has operations in Adams, Blair, Galesville, Mauston, Melrose, Mindoro, Necedah, Plainfield, Plover, Tomah, West Salem, Wisconsin Dells and Wisconsin Rapids. For more information on Allied Cooperative go to www.allied.coop.
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