Co-opérative Régionale de Nipissing Sudbury Ltd.

Co-opérative Régionale de Nipissing Sudbury Ltd.

November 13, 2008 11:48 ET

Verner Based FS Co-operative Acquires Northern Feed Supplies

VERNER, ONTARIO--(Marketwire - Nov. 13, 2008) - New growth for Co-operative Regionale de Nipissing Sudbury Ltd.'s operation took place on Oct. 27 with the acquisition of Northern Feed Supplies Ltd. in New Liskeard.

Northern Feed Supplies Owner Operator Bruce Leis saw this as a good time to sell his well-established family-run retail business. "I recognized that positioning the New Liskeard business with Co-operative Regionale de Nipissing Sudbury would be a good decision for the continuing success of Northern Feed Supplies location and its loyal customers," says Leis.

In New Liskeard, Northern Feed Supplies provides local customers with much of the same products already offered to Co-operative Regionale de Nipissing Sudbury customers from its eight branches located throughout the Nipissing and Algoma regions. The co-operative's General Manager Raymond Savage said, "It is a natural extension to our organization and I am confident the transition will be a 'move-in friendly' experience for both of our businesses and our customers."

Northern Feed Supplies will continue to operate under the same name and will maintain its six existing employees, as well as the Masterfeeds brands of feed that customers are accustomed to. Bruce Leis will stay involved as a consultant throughout the transition period. In addition, the co-operative has hired Dairy Nutritionist Curtis Reynold whose expertise will be available to all customers of Co-operative Regionale de Nipissing Sudbury.

More than 4,000 members own Co-operative Regionale de Nipissing-Sudbury Ltd. From locations in Verner, Noelville, St-Charles, Thornloe and Algoma, the co-operative provides products and services in agronomy, feed, grain handling, petroleum products including renewable fuels and propane, and consumer retail needs including three grocery stores located in St. Charles, Noelville and Verner. It also operates a fertilizer blender and grain handling facility in the Temiskaming region. It is a shareholder of GROWMARK, Inc., and markets products and services under the FS banner.

Northern Feed Supplies Ltd. is a retail outlet that has been providing local producers and rural residents with bulk and bagged feed, hardware products, pet food and supplies as well as animal health products. The business is located in New Lisekeard on Hwy 11 North and has been in operation for more than twelve years.

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