"The flood gates of possibilities — new products, new markets and new perspectives — have opened for us by joining CHS," said Tasha Schmaltz, general manager, DynAgra. "To have a company enter the Canadian market that is as focused on the customer's success as we are is extremely exciting for the DynAgra staff and for our loyal customers. I can only imagine what we will bring next to the marketplace."
"In our research to take DynAgra and our customers to the next level, we decided that a global company was needed to propel our customers into international markets," added Bruce Schmaltz, president and chief executive officer, DynAgra. "After substantial analysis, we decided CHS had what it takes to open up world markets for our customers while bringing a competitive presence to the retail crop input market. We're confident our long-time customers will find CHS a formidable new player at a time of shrinking competitive choice in Canada."
"The combination is a good match for both companies," said John McEnroe, executive vice-president CHS. "Part of our commitment to helping our farmer-owners grow their businesses included expanding our reach geographically, and Canada provides the opportunities to do just that. CHS continues to look for other opportunities to grow its ag retail business, both in Canada and in the US, to complement our overall enterprise."
Customers of DynAgra should expect a smooth transition, including continuity of staffing at all its locations; Tasha Schmaltz will continue his leadership role as general manager. The business will operate under the name CHS DynAgra through CHS Country Operations Canada, Inc., a wholly owned subsidiary of CHS Inc. This subsidiary will be managed and operated out of the Country Operations division of CHS Inc.