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Co-op buys centres

Federated Co-operatives Ltd. has purchased 17 fertilizer, seed and agriculture chemical supply centres from Viterra Inc., including the Viterra outlet in Stettler.

Federated Co-operatives Ltd. has purchased 17 fertilizer, seed and agriculture chemical supply centres from Viterra Inc., including the Viterra outlet in Stettler.

The deal, which closed Nov. 6, involved eight sites in Alberta, eight in Saskatchewan and one in Manitoba.

Federated is transferring ownership and operations to its local retail co-ops. With the acquisitions, Federated’s retail co-op chain operates approximately 155 ag centres in Western Canada.