P&H acquiring Tisdale Louis Dreyfus elevator

TISDALE — Parrish & Heimbecker has acquired 10 Louis Dreyfus elevators, including the one in Tisdale.

“This is an incredibly exciting day as P&H continues its investment in assets and terminals to provide farmers with local, best-in-class products and support, backed by a growing national grain asset network,” said John Heimbecker, Parrish & Heimbecker’s chief executive officer, in a media release.

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“This is a win-win for farmers seeking a more competitive grain and crop inputs offering as well as for the stakeholders within P&H and Louis Dreyfus who work to support them.”

P&H already owns a 52,000 tonne elevator in Tisdale. The acquisition will add another 41,000 tonne facility.

The other location acquired by P&H are Wilkie; Aberdeen; Kegworth; Rathwell, Man; Virden, Man; Joffre, Alta; Lyalta, Alta; Rycroft, Alta; and Dawson Creek, B.C.

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