Viterra acquires U.S. pulse producer
Saskatchewan-based agribusiness giant Viterra buys Premier Pulses International
Fruit & Vegetables
Grain & Oilseed Milling
Regina, Sask. – A wholly owned subsidiary of Viterra Inc. has acquired Premier Pulses International Inc., a pea and lentil processor with a facility in Minot, N.D., and a marketing office in Lewiston, Idaho.
The Saskatchewan-based grain handler and agribusiness bought all assets and inventory of Premier Pulses for an undisclosed amount. Premier’s facility offers pulse cleaning and processing services, as well as a finished product warehouse for storing, bagging and shipping peas and lentils.
According to Viterra, the move will help allow it to better meet customer demand from Asia and the Middle East.
“Premier Pulses is an excellent fit for our North American grain operations, as it is located in the primary pea and lentil growing regions in the northern U.S. Expanding our operation into Minot presents an exciting opportunity which aligns with Viterra’s pulse merchandising growth strategy,” said Bob Miller, senior vice-president of Grain North America for Viterra.
Added Miller: “Strong global demand fundamentals in the Middle East and Asia continue to drive increased pulse acreage. By increasing our footprint in these crops, we are able to better serve this demand while bringing Viterra’s expertise and value to local partners.”