Announced
Completed
Synopsis
JR Simplot, a food and agribusiness company, completed the acquisition of Pinnacle Agriculture, distribution of agricultural crop inputs company. Financial terms were not disclosed. “The completion of our strategic alternatives review has created an exciting opportunity for our employees, customers and the industry with Pinnacle joining the Simplot family. Building upon the strong legacy foundation and our focus on being the best locally first, the combination of the two companies provides and reinforces our commitment to taking care of our customers and our employees. We are proud of what has been created and are eagerly looking forward to what will be created with Simplot," Rob Marchbank, Pinnacle President and CEO
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