ST. PAUL, MINNESOTA - CHS Inc. (Nasdaq: CHSCP), a leading grains, foods and energy company, has acquired Agri Point Limited from East Point Holdings Limited, Nicosia, Cyprus. The Agri Point acquisition is part of the company's ongoing global grain origination expansion, adding approximately 1.5-to-2 million metric tons of corn, wheat and barley.



"Acquiring Agri Point enables CHS to further develop its global competency and presence into the high growth areas of Romania, Bulgaria, Hungary and Serbia," says Claudio Scarrozza, general manager, CHS Europe, Geneva, Switzerland. "In addition, we're adding important infrastructure to our global supply chain capabilities with a deep-water port in Constanta, Romania, a barge loading facility on the Danube River at Giurgiu, Romania, and an inland grain terminal at Oroshaza, Hungary."



Scarrozza says CHS is executing targeted growth and expansion to fulfill its mission and vision to shareholders of creating value by sourcing agricultural commodities and securing access to consumptive demand worldwide. CHS will have commercial offices in Romania, Bulgaria, Hungary and Serbia, managed by the CHS Europe office, Geneva. CHS also has international grain origination offices in Sao Paulo, Brazil; Buenos Aires, Argentina; Geneva, Switzerland; Barcelona, Spain; Kiev, Ukraine; Krasnodar, Russia; and Hong Kong and Shanghai, China.



CHS Inc. (www.chsinc.com) is a diversified energy, grains and foods company committed to providing the essential resources that enrich lives around the world. A Fortune 100 company, CHS is owned by farmers, ranchers and cooperatives, along with thousands of preferred stockholders across the United States. CHS supplies energy, crop nutrients, livestock feed, grain, food and food ingredients, along with business solutions, including insurance, financial and risk management services. The company operates petroleum refineries/pipelines and manufactures, markets and distributes Cenex(R) brand refined fuels, lubricants, propane and renewable energy products. CHS is listed on the NASDAQ at CHSCP.



SOURCE CHS Inc.