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Pinnacle Agriculture Holdings Announces the Acquisition of United Agricultural Cooperative, Inc.

Friday, May 9, 2014 -

El Campo, TX, May 9, 2014 – Pinnacle Agriculture Holdings, LLC (“Pinnacle”) has successfully acquired certain assets of United Agricultural Cooperative, Inc. (collectively “United Ag”).  United Ag will operate as part of Pinnacle's Sanders brand ("Sanders").  Headquartered in El Campo, Texas, United Ag has been serving agricultural communities along the Gulf Coast of Texas since 1982.  Sanders’ acquisition of United Ag's seed, fertilizer and crop protection assets will enhance its retail presence in the southeast Texas market. 

United Ag, which began as Farmers Cooperative of El Campo (FCEC), was formed by the consolidation of El Campo Farmers Cooperative (1929) and Modern Farmers Cooperative Society (1928). The purpose of the consolidation was to enable increased operational efficiency and reduce duplication of services to better serve the farmer members of the area's agricultural community. In 2012, FCEC merged with another cooperative, Danevang Farmers Cooperative, for many of the same reasons.  The name was changed at this time to United Agricultural Cooperative, Inc. to better reflect the broad customer base and geographical area served by the co-op.

United Ag's General Manager, Jimmy Roppolo, said, “The Pinnacle (Sanders) 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 for our farmers.    Also, Sanders’ foundation of trust, loyalty, and integrity is very much like that of United Ag’s.  The similarity of our company cultures creates potential for a synergistic union to exceed everyone’s expectations. ”

Jimmy Schulz, former United Ag Fertilizer and Crop Production Manager, is one of the most respected agriculture professionals on the Gulf Coast.  Schulz will take over management of the following five locations:  911 South Wharton Street, El Campo, Texas 77437 (Main Office/Warehouse); 100 South Meadow Lane, El Campo, Texas 77437 (Terminal/Blend Plant); 11338 Texas 71 S, Danevang, Texas 77432; 1116 South Wells Street, Edna, Texas 77432; 1898 FM 1432, Victoria, Texas 77905 (Port).  The current employees of United Ag will retain their positions under the new ownership.

“It is a huge honor for United Ag to choose Sanders as a partner in servicing the grower community of the Texas Upper Gulf Coast,” said John Williams, Sanders Area Operations Manager.  “Like United Ag, Sanders is committed to the producers’ success first and foremost. The new ownership will provide our award-winning OptiGro® precision ag technology system to growers allowing them to maximize their production in the most efficient and economical ways possible.  Growers will also have access to the latest in crop input technology. This partnership will provide huge benefits to Upper Gulf Coast growers.”

About Pinnacle Agriculture Holdings, LLC

Pinnacle Agriculture Holdings, LLC is a best-in-class agricultural retail distribution business created through acquisitions and greenfield retail establishments.  The company operates through its Sanders, Providence Agriculture, AgOne Application Services and Innvictis brands, serving growers across 17 states.  Pinnacle 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. 

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For more information contact:

John Williams, Area Operations Manager
Sanders
(956) 428-0575
john.williams@sanders.com

Jimmy Schulz, Location Manager
Sanders
(979) 543-6284
jimmy.schulz@sanders.com