P&H to sell elevator in western Saskatchewan

The Competition Bureau has reached an agreement with Parrish & Heimbecker, Limited (P&H) to address concerns related to its proposed acquisition of GrainsConnect Canada Operations Inc. (GrainsConnect).

P&H and GrainsConnect own and operate grain elevators in Western Canada. 

The Bureau found that the transaction would reduce competition for the purchase of wheat from farmers in the region surrounding Reford, Sask.  

To address the Bureau’s concerns, P&H has agreed to sell GrainsConnect’s Reford grain elevator business to a buyer to be approved by the Commissioner of Competition.