UFA is pleased to share that we have successfully acquired key AgraCity assets through a court supervised process under the Companies' Creditors Arrangement Act (CCAA).
The acquisition includes AgraCity's generic agricultural chemical registrations, the Saskatoon packaging and labelling facility and associated equipment, a supporting fleet and a modern fertilizer blender located at Belle Plaine, Saskatchewan.
UFA's interest in these assets reflects our confidence in the long-term value of AgraCity's offering, its relevance to the demands of the market, and its alignment with UFA's strategic priorities.
This acquisition is designed to strengthen UFA's offering in crop protection and fertilizer by expanding product choice and improving competitiveness, backed by UFA's stable supply chain and co-operative model.
"This acquisition meaningfully changes our ability to compete in crop inputs," said Fred Thun, President and CEO of UFA. "It gives UFA greater control over supply, expands our product portfolio and strengthens our ability to offer growers high quality, cost competitive options in a very challenging market."
Thun said UFA is making the investment from a position of strength. "UFA is in a solid financial position," he said. "We've just reported the strongest financial results in our 117 year history, including a record patronage payout of $36.6 million returned directly to members. That strength allows us to move forward with confidence and make long term investments that support producers when it matters most."
He added that reliability and trust are core to UFA's role in the agricultural community. "Producers need to know that UFA is strong, stable and here for the long haul," Thun said. "We've supported Western Canadian agriculture for more than a century, and this investment reflects that same long term commitment."
Thun reinforced that the transaction aligns directly with UFA's co operative model. "Because UFA is owned by producers, this isn't about short term returns," he said. "It's about strengthening competition, increasing choice and keeping value circulating back to members and rural communities. At a time when pricing pressure is real and margins are tight, access and reliability matter more than ever."
With the acquisition complete, UFA will begin a measured integration process focused on operational stability, uninterrupted customer service and clear communication with stakeholders.
"This is a long term play," Thun added. "By integrating these assets carefully, we're building a stronger, more competitive platform that gives producers more choice, not just this season, but for generations to come."
For updates as integration progresses, visit www.ufa.com/ca/agracity.
