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和總部位於明尼蘇達州烏倫的合作社West Central Ag Services簽署了一份不具約束力的意向書，要求中西部農業服務公司加入CHS，以更好地爲業主和客戶提供服務，併爲未來的增長定位合作體系。
"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."
中西部農業服務委員會主席兼主席杜安·布倫德穆爾說：“我們的兩個合作社的願景是一致的，即推進合作社體系，通過將我們的生產商與全球市場聯繫起來，爲我們的所有者提供最佳服務。”“這項擬議的交易提供了一個機會，可以爲我們的農民所有者帶來更多價值，更有效地與其他本地農業公司競爭，同時通過高效、全球互聯的供應鏈，爲聯合合作社的未來成功做好準備。”
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.
與West Central Ag Services的擬議交易與CHS的戰略投資一致，以發展全球農業供應鏈，同時爲合作系統提供端到端價值和增強的市場準入。
"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農業零售、分銷和運輸執行副總裁裏克·杜塞克說：“CHS和中西部農業服務公司在相互信任和尊重的基礎上建立了長期而牢固的關係，我們的合資企業中原農業服務就證明了這一點。”杜塞克說：“更好地連接全球農業供應鏈，投資於資產的速度和空間，可以改善市場準入，併爲農民所有者創造更多價值。”
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現在將開始對擬議的交易進行盡職調查，該交易尚待必要的批准。