Gavilon Completes the Acquisition of Minto Grain

« Back to news

 

Gavilon will continue buying and storing grain from producers in northeast North Dakota

 

Omaha, Neb. (Oct. 5, 2010) Gavilon Grain, LLC dba Peavey Company today announced it has completed the acquisition of Minto Grain, LLC located in Minto, N.D. Business will continue uninterrupted at the facility. Gavilon will honor all existing forward purchase and sales contracts, and continue buying and storing grain from northeast North Dakota producers.

 

“We are pleased to be expanding our presence in North Dakota with the addition of our sixth grain facility in the state,” said Matt Gibson, senior director of merchandising and operations of Gavilon Grain. “We look forward to offering area producers the quality of service Minto Grain is known for while providing increased flexibility and greater handling efficiencies as part of Gavilon’s network of grain operations.”

 

The Minto facility is located at 301 Kilowatt Drive in Minto. For additional information about Minto cash bids, please contact Bill Slominski at (701) 248-3541.

 

About Gavilon Grain, LLC

Gavilon Grain, LLC is a subsidiary of The Gavilon Group, LLC. Headquartered in Omaha, Nebraska, The Gavilon Group, LLC is a leading commodity management firm, connecting producers and consumers of feed, food and fuel through its global supply chain network. Gavilon’s history dates back to 1874, when Peavey Company built its first grain facility. In 1982, Peavey was acquired by ConAgra Foods, Inc. and later became part of ConAgra Trade Group. In 2008, a group of investors formed Gavilon and acquired ConAgra Trade Group, enabling the newly formed, privately held company to focus on growing its commodity business. Today, Gavilon leverages its strategic partnerships and more than 200 facilities and regional offices worldwide to link agriculture, fertilizer and energy supply with increasing global demand. The company provides origination, storage and handling, transportation and logistics, marketing and distribution, and risk management services to tens of thousands of customers and employs more than 1,100 people around the world. For more information, please visit www.gavilon.com