Viterra announced acquisition of Gavilon's handling assets

Viterra USA LLC (ÔÇ£ViterraÔÇØ) is pleased to announce that it has acquired the grain handling assets of Gavilon Grain LLC's Grand Forks, North Dakota location.

The transaction has received all necessary approvals and closed today.

ÔÇ£WeÔÇÖre pleased to add this facility to our asset network, and to continue building our presence in the US,ÔÇØ said Kyle Jeworski, Viterra's President and CEO for North America. ÔÇ£WeÔÇÖre 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.ÔÇØ

The facility has a storage capacity of approximately 140,000 metric tonnes. It has the ability to load up to 110 railcars serviced by BNSF Railway, and is equipped with two truck receiving pits and a grain dryer. Further, in keeping with its ongoing commitment to operational excellence Viterra will be making a number of immediate capital upgrades at the site.

In addition to this facility Viterra's presence in North Dakota includes special crops facilities in Ray and Minot, as well as a joint venture terminal at Northgate.