Cooperative Elevator Co. to purchase Scoular's edible beans business
February 7, 2020
OMAHA, Neb. (Feb. 7, 2020) – The Scoular Company announced on Friday that it has entered into an agreement to divest its edible beans business to Michigan-based Cooperative Elevator Co.
Cooperative Elevator produces high-quality bean varieties and offers the capability and expertise to process, package and ship large quantities of beans worldwide.
The sale will allow Cooperative to expand its geographic footprint and Scoular to focus on its other core businesses.
Scoular’s edible beans business includes processing plants in St. Hilaire, Minnesota; Plum Coulee and Morden, Manitoba; and receiving stations in Garske and Grafton, North Dakota.
Founded in the heartland of the United States, Scoular has 102 offices and facilities worldwide and more than $4 billion in sales. The company provides global and diverse supply chain solutions for end-users and suppliers of grain, feed ingredients, and food ingredients. For more information, visit scoular.com.
Cooperative Elevator Co. is owned by 1,115 farmer producers and has been in business since 1915. It is headquartered in Pigeon, Michigan, and has 11 locations in Michigan's “thumb” and one in North Dakota. For more information, visit coopelev.com