Paragon Ag Service is being purchased by two Saskatchewan co-ops.
Lake Country Co-op and Prairie North Co-op are acquiring Paragon’s three Saskatchewan ag retail sites and two anhydrous ammonia locations.
Under the terms, Prairie North Co-op will buy the Melfort and Brooksby locations, while Lake Country Co-op is buying the Kinistino location, including an anhydrous ammonia site near Gronlid.
According to a news release, full-time employees at Paragon will be offered similar employment with the co-ops.
Financial terms of the deal were not made public.
