Sanders, Before Seed, Beyond Harvest
OptiGro Location

Pinnacle Agriculture Holdings Announces the Acquisition of Mathis Farm Supply

Tuesday, November 5, 2013 -

Melber, KY, November 5, 2013– Pinnacle Agriculture Holdings, LLC (“Pinnacle”), through its subsidiary Jimmy Sanders Incorporated (“Sanders”), has acquired Mathis Farm Supply (“Mathis”).  Located in Melber, Kentucky, Mathis was founded by John Ben Mathis in 1971 as a DeKalb seed corn dealer.  In 1984 his sons, John and Neal Mathis, opened a full-service agricultural retail store offering seed, crop protection products, fertilizer and custom application. Mathis Farm Supply has been a valued Sanders wholesale customer.

The location will be managed by former owner, John Mathis, and will remain located at 5799 Shaw Road, Melber, Kentucky 42069.  Steve Wray and Keith Myers will continue to manage the sales operations.  “Sanders is very pleased with the recent acquisition of this well-established, respected business and welcomes its staff to our family,” said Chris Drummond, Bluegrass Divisional Manager.  “We have enjoyed an excellent working relationship with Mathis Farm Supply for several years, and we are confident that the farmers it served so well will experience a smooth transition and continue to receive efficient, competitive and timely service.”

John Mathis, location manager and former Mathis owner said, “I’m very proud of the business that we have developed over the years. It has come a long way since my father started it in the 1970s.  My employees and I look forward to the transition to Sanders. We are excited to introduce our customers to the core principles instilled by Sanders, as well as being part of an American-owned company.”

Coupled with the existing Sanders locations in Fancy Farm, Mayfield and Wingo, this will be Sanders’ fourth retail location in the immediate area offering custom fertilizer blends, as well as seed and crop protection products.  All locations also provide award-winning precision ag services through Sanders’ proprietary OptiGro system.

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For more information contact:
Chris Drummond, Bluegrass Divisional Manager
Jimmy Sanders Incorporated
270-559-0123
chris.drummond@sanders.com

John Mathis, Location Manager
Jimmy Sanders Incorporated
270-674-5600

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.  The company currently services growers across Mississippi, Arkansas, Louisiana, Tennessee, Alabama, Georgia, Kentucky, Texas and Oklahoma.  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.