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Agrium to Buy UAP for $2.65 Billion

9:57 AM MST | December 5, 2007 | CW Editorial Staff

Agrium says it has agreed to acquire UAP Holding (Dorchester, ONT), a distributor of agriculture chemicals, fertilizers, and related products for approximately $2.65 billion, including about $487 million in assumed debt. The combined company will have annual sales of about $5.2 billion, and will be North America’s largest retail of crop inputs and services, Agrium says. “The addition of UAP’s business to our own retail operations is an excellent strategic fit for Agrium, and a significant step in our strategy of continuing to grow and transform...

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