Richardson International
Type | Privately Held |
---|---|
Industry | Agriculture |
Headquarters | Winnipeg, Manitoba, Canada |
Key people | Curt Vossen, President & CEO |
Products | Grains, Plant Oils |
Employees | 2,300 |
Website | Richardson International |
Richardson International is a privately held Canadian agricultural and food industry company headquartered in Winnipeg, Manitoba. It operates a network of grain handling facilities in the Canadian Prairies under the brand Richardson Pioneer, as well as port terminals in five cities. Richardson Oilseed Processing processes seed plants for oils, and Richardson Nutrition markets canola products, including under the consumer brand Canola Harvest.
Richardson International is a subsidiary of James Richardson & Sons, Limited, established in 1857. In addition to Richardson International, James Richardson & Sons manages financial services through Richardson Financial Group, property management through Richardson Center Limited, and oil and gas exploration through Tundra Oil & Gas Partnership. Richardson Financial Group consists of two operating divisions, Richardson Partners Financial Limited, and Richardson Capital. In 2009, Richardson Partners Financial merged with GMP Private Client to form Richardson GMP, a wealth management and investment services firm.
Richardson International was involved in a bidding war with Saskatchewan Wheat Pool over the purchase of Agricore United in 2007. Although unsuccessful, through the deal Richardson acquired grain elevators in Manitoba, Saskatchewan, and Alberta, and was paid a $35 million termination fee from Agricore.[1]
References
- ↑ Staff Writer. "Sask. Wheat Pool, Agricore agree on new takeover deal." CBC. May 9 2007.
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