Viterra acquires Gavilon assets in Grand Forks

by Eric Schroeder
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REGINA, SASKATCHEWAN, CANADA. — Viterra USA LLC has acquired the grain handling assets of Gavilon Grain LLC’s Grand Forks, North Dakota, U.S., location. Financial terms of the transaction were not disclosed.

“We’re pleased to add this facility to our asset network, and to continue building our presence in the U.S.,” said Kyle Jeworski, president and chief executive officer for Viterra’s operations in North America. “We’re looking forward to working closely with local customers to provide them with superior service, including access to global markets, the expertise of our staff, flexible contracting options, and a wide variety of online tools that are available exclusively to Viterra customers across our asset network.”

The Grand Forks facility has a storage capacity of approximately 140,000 tonnes and has the ability to load up to 110 railcars serviced by BNSF Railway. The facility, which was part of the Peavey Co. before it became part of Gavilon in 2008, also is equipped with two truck receiving pits and a grain dryer, Viterra said.

Viterra said it plans to make a number of immediate capital upgrades at the site.

In addition to the facility in Grand Forks, Viterra’s presence in North Dakota includes special crops facilities in Ray and Minot, as well as a joint venture stake in a General Mills terminal at Northgate.

The acquisition comes a little more than two years after reports surfaced that Viterra would be considering possible ventures or acquisitions in the United States.
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