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In the 1990s, the company entered the rail leasing business, and built a railcar repair shop in Maumee. The company opened a retail store in Lima, Ohio. The company acquired grain and liquid storage facilities in Clymers, Logansport, Seymour, North Manchester, and Waterloo, Indiana.
The Andersons acquired Nutra-Flo Company. Pat Bowe became president and CEO. The Andersons exited the retail business, closing four retail stores. New corporate headquarters was constructed in Maumee, Ohio. Lansing Trade Group, LLC was acquired, as well as the formerly jointly owned Thompsons Limited.
Jan 2, 2019 · — The Andersons, Inc. announced on Jan. 2 that it has successfully completed its acquisition of Lansing Trade Group, LLC. The company previously owned approximately 32.5% of Lansing, and paid cash and stock valued at approximately $324 million for the remaining equity.
- Arvin Donley
Oct 15, 2018 · The Andersons, Inc. (Nasdaq: ANDE) announced today that it has successfully completed its acquisition of Lansing Trade Group, LLC (Lansing). The company previously owned approximately 32.5% of...
Feb 15, 2022 · Company reported its best ever fourth quarter adjusted pretax income from continuing operations. Trade reported pretax income of $18.3 million and adjusted pretax income of $26.9 million driven by strong asset and merchandising income.
Oct 3, 2019 · The ethanol facilities involved in the merger include those in Albion, Michigan, U.S.; Clymers, Indiana, U.S.; and Greenville, Ohio, U.S., which were all previously jointly owned by The Andersons and Marathon Petroleum; and The Andersons’ wholly-owned ethanol facility in Denison, Iowa, U.S.
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Oct 17, 2018 · US-based company The Andersons has entered a $305m merger agreement with Lansing Trade Group to acquire a 67.5% equity in return for cash and stock. In addition to paying $175m in cash, Andersons has agreed to issue $130m worth unregistered shares to Lansing equity holders.
