Kalmbach Feeds to acquire Cumberland Valley Cooperative

first_imgShare Facebook Twitter Google + LinkedIn Pinterest Kalmbach Feeds, Inc. (KFI) of Upper Sandusky, OH and Cumberland Valley Cooperative (CVC) of Shippensburg, PA are excited to announce that an agreement has been reached and approved by the shareholders of CVC for KFI to acquire a majority of the assets of CVC. Both companies have a long history in agriculture and believe that this opportunity represents a great platform for KFI to continue expanding its market while benefiting the agricultural community that CVC has served for over 80 years.“We are looking forward to the opportunities this acquisition will present. This market is an outstanding agriculture area and we are excited for the opportunity to serve both current and future customers,” said, Paul Kalmbach, KFI president.The transaction is expected to close in late September, and there will be no disruptions to the business during closing. KFI is committed to honoring the grain contracts and grain bank system that CVC has used historically to insure a smooth transition for customers. Both parties want to assure that customers will continue to have options for quality products and great service for many years to come.“CVC has a long history of serving this community through employment, high quality products, and customer service,” said Vernon Horst, Chairman of the CVC Board. “We believe that we have found a partner that can continue this tradition while providing much needed growth for the future.”last_img

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