P&H Buys 10 LDC Grain Facilities Across Canada

Grain handling and flour milling firm Parrish & Heimbecker (P&H) is strengthening its position within Canada’s grain supply and crop input markets with the acquisition of 10 facilities across the country from Louis Dreyfus Company (LDC), the firm announced in a release Wednesday.

Under the terms of the deal, P&H will take on 10 locations in Manitoba, Saskatchewan, Alberta, and British Columbia that will expand its grain trading, handling, and merchandising capabilities.

“This is an exciting day as P&H continues its investment in assets and terminals to provide farmers with local, best-in-class products and support, backed by a growing national grain asset network,” P&H’s chief executive officer, John Heimbecker, said in a statement. “This is a win-win for farmers seeking a more competitive grain and crop inputs offering as well as for the stakeholders within P&H and LDC who work to support them.”

The facilities in Saskatchewan are located in Tisdale, Wilkie, Aberdeen, and Kegworth. In Manitoba, the firm is acquiring sites in Rathwell and Virden, and Joffre, Lyalta, and Rycroft in Alberta. The British Columbia facility is located in Dawson Creek.  

P&H currently operates about 40 facilities from coast to coast. The company has about 15,000 employees across 14 countries. 

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