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Pinnacle Agriculture Holdings Announces the Acquisition of Arkansas County Co-op

Friday, December 13, 2013 -

Almyra, AR, December 13, 2013 – Pinnacle Agriculture Holdings, LLC (“Pinnacle”), through its subsidiary Jimmy Sanders Incorporated (“Sanders”), has acquired certain assets from Arkansas County Co-operative (“Arkansas County Co-op”) located in Stuttgart, Arkansas.  Specifically, Sanders acquired the agricultural input retail assets associated with Arkansas County Co-op.

Arkansas County Co-op, founded in 1953 by a group of local farmers in Almyra, Arkansas, will continue to operate the fuel and farming hardware portions of their business.  Chuck Freemyer, manager of Arkansas County Co-op said, “We are excited about the partnership with Sanders and look forward to working together to meet the needs of area growers."

"Sanders is very pleased with the recent acquisition of this long-established, respected business and we are confident that the farmers it served so well will experience a smooth transition," said Jack Coleman, Area Operations Manager for Sanders. 

Jim Grantham, Location Manager for Sanders said, “We are excited to take on such an important portion of the Arkansas County Co-op business which will help us continue our expansion in Central Arkansas, providing a complete line of quality farm input products and services to our grower customers.  We commend Arkansas County Co-op for their service to area growers, and we look forward to continuing this in the future.”

The new Sanders retail locations will be managed by Jim Grantham and will be located in Almyra and DeWitt, Arkansas.

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For more information contact:

Jack Coleman, Area Manager Central Arkansas
Jimmy Sanders Incorporated
870-672-6952
jack.coleman@sanders.com

Jim Grantham, Location Manager
Jimmy Sanders Incorporated
870-992-3593
jim.grantham@sanders.com

About Pinnacle Agriculture Holdings, LLC
Pinnacle Agriculture Holdings, LLC was established in mid-2012 by a management team led by Kenny Cordell and financed by Apollo Global Management, LLC.  Its mission is to create a best-in-class national retail distribution business through acquisitions and “greenfield” retail establishment.  For more information, visit www.pinnaclead.com.

About Jimmy Sanders Incorporated
Jimmy Sanders Incorporated, established in 1953, is one of the largest agricultural input supply and distribution businesses in the country with over 100 locations across the Southern United States.  Sanders is multifaceted in its operations, which include seed production and sales, agricultural chemical distribution, bulk handling of fertilizer, precision agriculture services and general merchandise for the farming, livestock and wildlife industries.  For more information, visit www.sanders.com.