A handful of Manitoba grain elevators have changed hands following a major acquisition in Canadian agriculture.
Bunge, which owns the most oilseed-crushing facilities in Western Canada, made a divestiture commitment with the federal government in order to buy Viterra Ltd., another mammoth agribusiness.
Bunge announced last week it’s sold four Manitoba grain elevators and one in Saskatchewan to local businesses.
BP & Sons Grain and Storage bought grain elevators in Beausejour, Tucker and Coulter. Linear Grain acquired the elevator in Fannystelle.
In Saskatchewan, Direct Grain Ltd. purchased the Dixon elevator.
Bunge declined to disclose the purchase amounts on Monday.
“It’s great,” said Ryan McKnight, president of Carman-based Linear Grain. “It’s good to have smaller companies like us

Winnipeg Free Press Business

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