October 19, 2015

Calgary, AB - Hi-Pro Feeds is pleased to announce the recent acquisition of Champion Feed Services Ltd, a group of companies including feed mills, stores and an oat processing facility located in northern Alberta.

“This extends our business into a broader market, creating a vast network across the entire province of Alberta. Adding the Champion feed mills at Barrhead, Westlock, and Grande Prairie will assist in providing a greater mix of products and services to the customers we serve,” says Daren Kennett, Founder of Hi-Pro Feeds. The company currently operates 12 feed mills in the US and western Canada including Alberta facilities at Lethbridge, Olds, Ponoka, and Sherwood Park.

The purchase also includes the assets of Champion Oat Processors in Grande Prairie, and ties nicely with the North American business for Hi-Pro Feeds. “There are some great opportunities for the Hi-Pro business in Texas, Oklahoma, New Mexico and Arizona. We are excited to have a facility that can process, market, and ship double and triple cleaned oats and oat groats to our US and Canadian customers,” explains Kennett. “Our customers have been asking for these high-end products, and now we can include them in our offering.”

Northern Alberta is vital to Canadian livestock production. Local farmers and ranchers are leading the way in producing high quality meat, eggs and dairy products for consumers. “Champion Feed Services has been an industry leader in this region and has consistently demonstrated a strong commitment to the livestock industry,” states Gary Golby, Owner of Champion Feed Services. “Hi-Pro and Champion Feed Services bring together a longstanding entrepreneurial spirit established by deep roots in the community and diverse strengths. Together it makes a great combination for the continued advancement of the agriculture industry in this region of Canada.”

“Both companies have helped drive the bottom line for commercial producers and their livestock. We will remain committed to this with continued innovation, investment, and increased milling capacity,” says Daren Kennett. The Champion Feed Services locations will continue to operate as is and employees have job offers with Hi-Pro Feeds.

The expected closing date for the acquisition is November 2, 2015.