Expected to be completed in early 2020, MKC has announced it and Mid-West Fertilizer have entered into a letter of intent for acquisition.
Mid-West Fertilizer is headquartered in Paola, Kan., the company has 25 locations in Kansas, Arkansas, Oklahoma and Missouri offering grain handling, custom application, crop nutrients, crop protection products, seed, feed, fuels, lubricants, propane, trucking and tire sales.
Dave Christiansen, MKC president and CEO, said in a news release, "together, we have identified benefits and opportunities we can gain by combining the organizations, which will allow our companies to continue to achieve more success.”
Mid-West Fertilizer President and CEO Rod Silver said in a news release, "As our company enters into 40 years of existence, this is the right transition for our customers, employees and company. When we looked to the future, it was important to partner with an organization that would bring value to producers, provide our employees' career development opportunities and allows our organization the opportunity to continue to be successful. MKC is the right partner to make that happen."
For the past three years, MKC and Mid-West Fertilizer have worked together in their relationship with Team Marketing Alliance. This acquisition will include grain, wholesale and retail agronomy, energy, feed and trucking.