CHS Europe and Gleadell Agriculture Sign Fertilizer Sourcing and Distribution Agreement
Date Posted: June 11, 2014
St. Paul, MN—Gleadell Agriculture Ltd, Lincolnshire, England, the United Kingdom's third largest agricultural trading and distribution company, and CHS Europe Sarl, a division of CHS Inc. (NASDAQ: CHSCP, CHSCO, CHSCN), North America's leading farmer-owned cooperative and a global energy, grains and foods company, June 11 announced an agreement whereby CHS will provide global fertilizer sourcing to support Gleadell Agriculture's supply chain.
The agreement will extend Gleadell's access to imported product, mainly high quality granular urea, through CHS global supply and sourcing.
"CHS has an excellent track record on sourcing product, especially within Egypt and the Middle East, which are recognized as major suppliers of quality granular urea," said Gleadell Sales Director Stuart Shand.
"Other fertilizer offerings from Gleadell, including most importantly UK product GrowHow, will be offered as before."
CHS Europe Vice President and General Manager Roger Baker said the partnership is part of the farmer-owned cooperative's focus on global fertilizer distribution expansion.
"Gleadell and CHS share similar growth strategies and recognize the importance of providing customers with an assured, timely supply of crop nutrients vital to healthy, profitable crop production," said Baker.
Gleadell Managing Director David Sheppard said the CHS business model is built on long-term partnerships and shared success, very similar to Gleadell co-owner InVivo, whose capital is held by 223 cooperatives.
"CHS fits exactly with Gleadell's ambition to work only with successful, forward-thinking blue chip companies.
"We look forward to building this new partnership, which we believe will provide our professional farmer customers and UK cooperatives with improved continuity of product supply."
CHS Europe Head of Fertilizers EMEA Walter Singer said the supply agreement fits with the company's long-term business aspirations to expand geographically.
"This distribution agreement is an important step towards gaining company and brand awareness with cooperatives and farmers across Europe," said Singer.
For more information, call 651-355-4946.