12/13/2023 0 Comments Ag growth international newsThis highly strategic transaction brings key products, very talented people, and great brands into the AGI group, and significantly increases our U.S. "We are excited today to announce that we have acquired the Global family of companies. Global's product catalogue and domestic and offshore geographic sales are highly complementary to AGI's existing footprint, and are expected to substantially expand AGI's North American and international grain handling, drying and storage platforms in both Farm and Commercial segments. Global has four divisions located in Nebraska and Kansas, production capacity in South Africa, and warehouses in the U.S., Europe, Australia and Africa. Global is a diversified manufacturer of grain storage bins, portable and stationary grain handling equipment, grain drying and aeration equipment, structural components, and steel buildings. ("AGI" or the "Company") is pleased to announce it has acquired 100% of the outstanding shares of Global Industries, Inc. Balance sheet expected to remain strong following concurrent convertible debenture offeringĪg Growth International Inc.Transaction expected to be immediately accretive and provide significant synergy opportunities.Broadens geographic reach with access to new offshore customers.Improves grain bin and handling distribution reach across the U.S.Complementary product catalogue adds grain dryer line and strong on farm stationary handling capabilities.WINNIPEG, MANITOBA-(Marketwired - April 4, 2017) - Ag Growth International Inc.
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