By a strong majority, Waconia Farm Supply shareholders recently voted to merge all of its affiliates with United Farmers Co-op, headquartered in Winthrop, Minn.
The merger will take effect in September.
Officials from Waconia Farm Supply announced the decision in a press release dated Wednesday, April 3. The press release, in its entirety:
“On Monday, April 1, 2013 the shareholders of Waconia Farm Supply voted in favor 89 percent to merge all of its affiliates with United Farmers Co-op (UFC), headquartered in Winthrop, Minn.
This merger by acquisition will go into effect Sept. 1, 2013, with all Waconia Farm Supply affiliates being added to those of United Farmers Co-op (UFC).
Business will continue to run with minimal to no change being seen.
Waconia Farm Supply is excited to be a part of the strong economic umbrella of United Farmers Co-op (UFC), and excited for what the future holds.
If you have any further questions please feel free to contact us at anytime.”
When contacted by the Patriot for additional information for this article, such as background on what led the shareholders to pursue the opportunity with UFC, Waconia Farm Supply declined to comment beyond what was issued in the press release but emphasized that community members that have any questions are welcome to contact Interim General Manager Clif Gipp at (952) 442-7306.
Contact Todd Moen at firstname.lastname@example.org