Agrium Announces that it will purchase United Agri Products (UAP) to create the largest agricultural retailer in North America. The combined sales of the two companies will be almost $8 billion. Agrium will purchase the outstanding common stock of UAP for $39/share for a total transaction of $2.65 billion.
Agrium is located in Calgary, Alberta, Canada. For more information about Agrium, visit www.agrium.com.
UAP includes 370 distribution and storage facilities and three formulation plants located in the U.S. and Canada. For more information about UAP, visit www.uap.com.