News last update:6 Aug 2012

Land O'Lakes completes repositioning

US-based farmer-owned food and agricultural cooperative Land O'Lakes has completed the repositioning of two of its Agriliance joint venture businesses.

The Agriliance crop protection products business has been transferred to Land O'Lakes and the Agriliance wholesale crop nutrients business has been transferred to integrated agricultural company CHS.

Land O'Lakes president and CEO Chris Policinski and CHS president and CEO John Johnson said repositioning the businesses is a sound strategic step for both companies and their customers.

They said: "This repositioning is consistent with our objective of maintaining the most effective farmer-owned presence possible in the crop inputs industry. By aligning each business segment with the core competencies and strengths of each parent company, we can intensify our focus in each of these key businesses, reduce costs and even more effectively supply valuable crop inputs to members and customers."

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(Source: Datamonitor)

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