NEWS 10 FEED & ADDITIVE MAGAZINE April 2022 Scoular acquires two grain and feed facilities in Florida Scoular purchased the assets of Columbia Grain & Ingredients in Lake City and Live Oak, Florida. The purchase provides Scoular with anchor locations in the region and includes feed ingredient and grain handling facilities, storage space and a feed mill. The facilities will provide upright storage space of close to 600,000 bushels and flat storage of over 10,000 tons, which will be used primarily to handle corn, bulk ingredients and micro ingredients. The facilities are capable of loading and unloading trucks, as well as railcars, with the Lake City site able to handle 135 rail cars. The facilities will enable Scoular to provide just-in-time delivery and strengthen its existing grain and ingredient businesses in the Southeast. The purchase, which also will enable Scoular to add micro-ingredient blending to its services in the region, will include Columbia’s transportation fleet and team. “This transaction is critical to better serving our feed and grain customers in the region,” said Eric Perry, Vice President and General Manager in Scoular’s Feed Division. “This investment expands our network, product portfolio and transportation presence in the region, demonstrating our commitment to providing high-quality ingredients and services to our customers. We are excited to leverage our operational expertise and experience in blending ingredients into this new and expanding business.” Scoular announced that it has acquired two facilities in northern Florida to help the company better serve grain and livestock producers in the southeastern US. Netherlands-based The Seaweed Company has raised additional capital from Colruyt Group, increasing the Belgian company’s minority interest to 21%. With its recent investment round, the Dutch impact company The Seaweed Company has taken a huge step in further scaling up the company. With the funds, the entrepreneurs can realize the expansion of their seaweed farms and bring more seaweed products to the European market. And this will result in more positive impact in the field of sustainable agriculture and the food transition. The investment also means that The Seaweed Company and minority shareholder Colruyt Group will continue to join forces. The Dutch start-up, founded in 2018, produces seaweed in its own seaweed farms in Ireland, Morocco, India and the Netherlands and markets The Seaweed Company raises more capital from Colruyt Group
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