NEW PARTNERSHIP BETWEEN LA COOP FÉDÉRÉE AND W-S FEED & SUPPLY
The Agri-business Division of La Coop fédérée announced today that it has purchased a 50% stake in WS Feed & Supply, an animal nutrition company based in Tavistock, ON. W-S Feeds operates two feed mills in Ontario, out of Tavistock and Mount Forest. The new partnership will continue to manufacture a wide variety of feeds for dairy, including organic, as well as beef, swine and poultry production.
"This investment represents a strategic new entry into Ontario's agricultural market, but this time into the animal nutrition industry," says Ghislain Gervais, president of La Coop fédérée. "This partnership increases La Coop fédérée's portfolio of operations in the province and demonstrates how important it is for us to provide farmers with high quality animal nutrition solutions, all throughout the country," he added.
''W-S Feed & Supply has all the qualities that we look for in a business partner: shared values that put the needs of customers at the heart of operations, great quality products, strong presence in Southern Ontario and steady growth in key livestock production markets” says Sébastien Léveillé, executive agri-business vice-president.
This transaction is consistent with our sustainable growth plan in Canada with partners who share our values and work to bring prosperity to Canadian farm families.