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Pinnacle Agriculture Holdings Announces the Acquisition of Freeman & Son Seed Company

Thursday, March 28, 2013 - Sudlersville, MD

Pinnacle Agriculture Holdings, LLC (“Pinnacle”), through its subsidiary Jimmy Sanders Incorporated (“Sanders”), has acquired the assets of Freeman & Son Seed Company (“Freeman”). Located in Sudlersville, Maryland, Freeman was founded in 2006 by Steve Freeman. Freeman is a full service ag retail business currently providing quality seed and crop protection products to growers throughout the highly productive Delmarva peninsula. 

“I am very pleased to welcome Freeman & Son Seed Company to Pinnacle where they will operate as a member of the Sanders team,” said Kenny Cordell, CEO of Pinnacle. “Steve Freeman is an accomplished seedsman and is highly respected by customers in the Delmarva region and beyond. Steve and his team are dedicated professionals who we are excited to have represent us on the East Coast.” Steve Freeman said, “The Pinnacle strategy is extremely exciting and will create new opportunities for our business to continue providing our customers with the highest level of service possible. We are aligning with a team that is committed to innovation and capable of delivering new solutions to farmers.” 

Barry Knight, President of Sanders, said, “We are excited to be working with growers on the East Coast, and look forward to complementing the products and services being provided by Freeman & Son Seed Company.” 

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. 

Freeman & Son Seed Company was established in 2006 by Steve Freeman, servicing growers in the Delmarva region. The company is located in Sudlersville, Maryland, supplying pesticides, seed and agricultural consulting services.

Jimmy Sanders Incorporated, established in 1953, is one of the largest agricultural input supply and distribution businesses in the country. The company currently services growers across Mississippi, Arkansas, Louisiana, Tennessee, Alabama, Georgia, Kentucky, Texas and Oklahoma. Jimmy 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.