CHS and West Central Ag Services Sign Nonbinding Letter of Intent
CHS and West Central Ag Services Sign Nonbinding Letter of Intent
CHS and West Central Ag Services, a cooperative based in Ulen, Minnesota, have signed a nonbinding letter of intent for West Central Ag Services to join CHS to better serve owners and customers and position the cooperative system for future growth.
CHS和总部位于明尼苏达州乌伦的合作社West Central Ag Services签署了一份不具约束力的意向书，要求中西部农业服务公司加入CHS，以更好地为业主和客户提供服务，并为未来的增长定位合作体系。
"Our two cooperatives are aligned in our vision to advance the cooperative system and best serve our owners by connecting our producers to the global marketplace," says Duane Brendemuhl, West Central Ag Services Board president and chair. "This proposed transaction provides an opportunity to bring more value to our farmer-owners and compete more effectively with other local ag companies, while positioning us for the future success of a combined cooperative through efficient, globally connected supply chains."
中西部农业服务委员会主席兼主席杜安·布伦德穆尔说：“我们的两个合作社的愿景是一致的，即推进合作社体系，通过将我们的生产商与全球市场联系起来，为我们的所有者提供最佳服务。”“这项拟议的交易提供了一个机会，可以为我们的农民所有者带来更多价值，更有效地与其他本地农业公司竞争，同时通过高效、全球互联的供应链，为联合合作社的未来成功做好准备。”
The proposed transaction with West Central Ag Services aligns with strategic investments for CHS to grow the global agricultural supply chain while providing end-to-end value and enhanced market access for the cooperative system.
与West Central Ag Services的拟议交易与CHS的战略投资一致，以发展全球农业供应链，同时为合作系统提供端到端价值和增强的市场准入。
"CHS and West Central Ag Services have a longstanding, strong relationship based on mutual trust and respect, as evidenced by our joint venture Central Plains Ag Services," says Rick Dusek, executive vice president of ag retail, distribution and transportation at CHS. "Better connecting the global agriculture supply chain and investing in the speed and space of our assets provides better market access and creates more value for farmer-owners," says Dusek.
CHS农业零售、分销和运输执行副总裁里克·杜塞克说：“CHS和中西部农业服务公司在相互信任和尊重的基础上建立了长期而牢固的关系，我们的合资企业中原农业服务就证明了这一点。”杜塞克说：“更好地连接全球农业供应链，投资于资产的速度和空间，可以改善市场准入，并为农民所有者创造更多价值。”
CHS and West Central Ag Services will now begin due diligence on the proposed transaction, which is subject to necessary approvals.
CHS和West Central Ag Services现在将开始对拟议的交易进行尽职调查，该交易尚待必要的批准。