CHS signs purchase agreement for Winona River & Rail
ST. PAUL.- CHS Inc. announced today it has signed a purchase agreement to acquire the assets of Winona River & Rail, Inc., a subsidiary of Rosen’s Diversified, Inc., Fairmont, Minn. Under the purchase agreement, several contingencies must first be satisfied before the parties will proceed to closing the transaction. If the parties proceed to closing the transaction, the acquisition will strengthen CHS Crop Nutrient’s Midwest and upper Mississippi River position through improved storage capacity and rail access.
“We are very excited about potentially adding the Winona River & Rail assets to our crop nutrients business,” says Cheryl Schmura, vice president, crop nutrients for CHS. “These assets are well-positioned in an area of key, strategic market importance and the company’s talented workforce has a strong customer focus that has earned them solid business relationships.”
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