Pinnacle Acquires East Kansas Chemical
September 2, 2014 Pinnacle Agriculture Holdings, LLC has acquired East Kansas Chemical. East Kansas Chemical will operate as part of Pinnacle’s Performance Agriculture brand. Headquartered in Wellsville, KS, East Kansas Chemical is a wholesale and retail agricultural chemical and seed supply company owned by several Midwestern agricultural suppliers. Ranked 82nd on the CropLife 100, the company’s revenue is divided as follows: crop protection sales (87%) seed sales (13%), according to CropLife’s 2013 survey.
The East Kansas deal follows Pinnacle’s acquisition last week of Kerman Ag in California.
The company originated in 1972 and opened its second location in Kingsdown, KS, in 1995. The Wellsville facility serves eastern Kansas, western Missouri, and other surrounding states. The Kingsdown facility serves western Kansas, eastern Colorado, Oklahoma, and northern Texas.
Dan Karigan will continue to manage the Wellsville location at 616 Locust St., Wellsville, KS 66092. Mike Stegman will continue to manage the Kingsdown location at One EKC Place, Kingsdown, KS 67842. The current employees of both locations will retain their positions under the new ownership.
Karigan said, “We are committed to helping our customers maximize crop production profitability, and through Performance Agriculture, we will only enhance the products and services that we bring to our growers to accomplish this commitment.”
Stegman said, “We are proud to align with a team that is committed to grower success and helping ensure the most return on growers’ investments. Also, Performance Agriculture’s foundation of trust, loyalty, and integrity meshes very well with our company culture of providing value-added recommendations and customer service with a personal touch that any grower should expect from their agricultural supplier-partner.”
“We are very excited about this recent acquisition. East Kansas Chemical is a highly-regarded, top-ranking business in our industry that also happens to have similar company values and goals of grower success,” said Keith Karnes, Performance Agriculture Regional Business Director. “Like East Kansas Chemical, we at Performance Agriculture are also committed to delivering innovative, customized solutions to help our farmers become more profitable. We are confident that the growers East Kansas Chemical has served so well will continue to receive exceptional service.”
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