Land O’Lakes' officials announced last week that they have formalized efforts to explore all strategic opportunities for the swine division.
The company has been in the process of repositioning this business and has been evaluating several alternatives. Goldsmith Agio Helms Investment Bankers have been retained to assist in exploring strategic options, including: joint ventures, partnerships or divestitures.
Land O’Lakes is a national, farmer-owned food and agricultural cooperative, with sales of more than $6 billion. The co-op does business in all 50 states and more than 50 countries, according to a company news release.
"It is a leading marketer of a full line of dairy-based consumer, foodservice and food-ingredient products across the United States.; serves its international customers with a variety of food and animal-feed ingredients; and provides farmers, local cooperatives, and customers with an extensive line of agricultural supplies (feed, seed, crop nutrient and crop protection products) and services," the company statement says.
For more information about Land O'Lakes, go to www.landolakesinc.com
Land O' Lakes