By Alice McFarlane

Bartlett moves into Canada with acquisition of Ceres Global Ag

May 23, 2025 | 4:00 PM

Bartlett, a Savage company, has signed an agreement to acquire Ceres Global Ag Corp.

Based out of Golden Valley, Minnesota, Ceres is an international agricultural, energy and industrial products merchandising and supply chain company with 10 locations in Minnesota, Manitoba and Saskatchewan.

Ceres’ operations in Western Canada include the Delmar Commodities grain handling and Jordan Mills soybean crush businesses in Manitoba, which it acquired in 2019. The company owns the Northgate Terminal on the Canada-U.S. border at Northgate and the Nicklen Siding Grain Elevator at Ridgedale.

The company also owns membership interests in three agricultural joint ventures in Minnesota and North Dakota.

President and CEO of Savage Jeff Roberts said there is incredible potential in joining forces.

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“Combining our networks and growing in new ways with the resources that Ceres brings to our portfolio and with their great team and assets, we’ll build on our robust supply chain for our current and new customers alike,” Roberts said.

Ceres brings a network of assets and new commodities that support Bartlett’s business strategy. These facilities have an aggregate grain and oilseed storage capacity of approximately 45 million bushels, including joint venture assets.

Ceres Chair Jim Vanasek said the acquisition that will bring additional value for their growers, suppliers and customers.

“Bartlett’s acquisition of Ceres vindicates the strategy we set out to achieve 12 years ago, which is to build the company into one of North America’s leading merchandisers of durum, oats, spring wheat and canola,” Vanasek said. “I believe Bartlett is a perfect fit in terms of geography, business lines and culture, and will take Ceres to the next level.”

The acquisition is subject to court, shareholder and regulatory approval.

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alice.mcfarlane@pattisonmedia.com