United Farmers of Alberta buys stake in Canterra Seeds

Canadian Cattlemen Magazine - July 3, 2024

United Farmers of Alberta (UFA) announced today it had purchased nearly 1.3 million shares in Winnipeg-based Canterra Seeds.

The $2.5 million deal represents a 17 per cent stake in the company’s common shares. UFA purchased the shares from Ceres Global Ag Corp.

“Over the last several years UFA has demonstrated strong results and built a balance sheet that will enable continued investment in western Canadian agriculture that benefits our member-owners,” said UFA president and CEO Scott Bolton in an UFA news release.

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