REGINA — Bunge intends to acquire the grain elevator assets of North West Terminal Ltd. at Unity, Sask.
The company announced the deal in a Sept. 23 news release outlining the purchase agreement.
It includes the grain elevator and storage assets but not the fermentation and distillation facility on the same site.
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The facility has storage capacity of 63,000 tonnes, making it one of the largest in Western Canada, as well as full cleaning and drying capability. In addition, both major railways serve the site.
“We firmly believe that our operational and logistical expertise, focus on superior service and targeted future investments in the facility will allow us to bring it to its full potential for the benefit of our customers,” said Kyle Jeworski, head of Bunge in Canada.
The agreement is subject to closing conditions, and is expected to close in October.
