The Andersons, Inc. Enters Agreement to Buy Mote Farm Service, Inc.

MAUMEE, Ohio, Oct. 10, 2022 /PRNewswire/ -- The Andersons, Inc. (Nasdaq: ANDE) announces it has signed an agreement to purchase the assets of Mote ...

October 11, 2022
1:52 AM

MAUMEE, Ohio, Oct. 10, 2022 /PRNewswire/ -- The Andersons, Inc. (Nasdaq: ANDE) announces it has signed an agreement to purchase the assets of Mote Farm Service, Inc. The purchase is expected to close later this month."We are excited to expand our retail farm center network," said Joe McNeely, President of The Andersons Nutrient and Industrial. "The purchase supports our strategy to be the Midwest's premier provider of plant nutrients and agronomy services. We are looking forward to this opportunity to provide enhanced grower-focused solutions to eastern Indiana and western Ohio.