Witmer’s Feed to Be Acquired by Heritage Coop
DELAWARE, Ohio – Heritage Cooperative Inc. reported Thursday it has exercised its option to purchase the feed, grain, agronomy and retail assets of Witmer’s Feed and Grain Inc. of Columbiana, Ohio.
Terms were not disclosed.
Witmer’s Feed and Grain was established in 1978 by Dave and Joanna Witmer. In addition to its headquarters in Columbiana, where it operates its mill manufactures about 100,000 tons of feed a year. Other operations are in Garfield, Ohio, and Berlin, Pa.
The purchase option includes Millstone Farm and Garden and the Witmer Feed, Edge, and Show It Feed brands that are licensed and sold through Ohio, Pennsylvania, West Virginia, New York and Maryland.
“This proposed acquisition aligns with our goal of continued diversification of the business, while specifically enhancing feed production and operations throughout Ohio and in surrounding states,” said Jeff Osentoski, president, and CEO of Heritage Cooperative.
“The Witmer Feed and Grain management team runs a terrific business and the company’s employees operate it superbly. I am confident that the addition of the feed, grain, agronomy, and retail operations will benefit Heritage and Witmer customers immediately,” he said.
Heritage Cooperative is an agriculture cooperative established nearly 100 years ago. Its 500-plus employees deliver propane, unload grain and provide guidance on crop growth.
“As a member of the Heritage Cooperative team, I am personally excited to continue to serve Witmer’s Feed and Grain customers and to provide additional opportunities for employees,” stated Mike Witmer, president of Witmer’s Feed and Grain Inc. “Our vision and values align well with Heritage and together we will provide superior customer service and efficiencies with this strategic alignment,” he said.
The acquisition is expected to close June 30.
Pictured at top: Witmer’s mill in Columbiana.
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