Hit The Pause Button: CHS And Growmark Discontinue Synergy Exploration
The beginning of the year had the teams at CHS and Growmark exploring potential synergies and joint opportunities. In early April, the companies confirmed they have discontinued such discussions.
Growmark and CHS are continuing to invest in their venture capital fund, Cooperative Ventures, which was started in 2021.
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No further statements from the companies are available at this time.
Headquartered in Bloomington, Illinois, Growmark owns the FS trademark and serves 400,000 customers in North America with agronomy, energy, facility engineering/construction, logistics prod-ucts and services and grain marketing/risk management services.
CHS is known as the largest farmer-owned cooperative in the U.S., and also serves customers in 65 countries and employs nearly 10,000 people.