The Andersons Acquires Capstone Commodities
The Andersons continues to expand and grow, announcing a deal that not only enhances its feed ingredient portfolio, but also brings the company’s reach into a new geography.
The company’s latest acquisition is of Capstone Commodities - a provider of specialized feed ingredients to dairies, feed mills, feed yards, and exporters mostly located across the Southwest U.S.
Founded in 2007 by Mike Rickert, Capstone Commodities has grown to five rail trans-loading sites, with customers spread across New Mexico, Texas, Kansas, Oklahoma, Colorado, and beyond.
The acquisition further supports The Andersons’ strategic plan to expand its core grain and fertilizer businesses, including commodity merchandising, and brings the company closer to its vision of being the most nimble and innovative supply chain company in North America.