Agrium Inc. announces it is expanding its retail operations into the southern U.S. Plains through the acquisition of 32 retail outlets (18 farm centers and 14 satellites), from Archer Daniels Midland (ADM).

Agrium Inc. announces it is expanding its retail operations into the southern U.S. Plains through the acquisition of 32 retail outlets (18 farm centers and 14 satellites), from Archer Daniels Midland (ADM). The retail outlets located in Kansas and Oklahoma, and have annual crop input revenues of approximately $60 million.

Under the agreement, Agrium will acquire the fixed retail storage and distribution assets and enter into an agreement for associated long-term leases for land. ADM will continue to own and manage the grain assets at these locations.