August 2019: Origin Merchant Partners Advises ILTA Grain Inc. on the sale of its Belle Plaine, SK processing facility to Viterra Inc.

August 2019: Origin Merchant Partners Advises ILTA Grain Inc. on the sale of its Belle Plaine, SK processing facility to Viterra Inc.

By Tracey Lamping's

All Transactions, Recapitalizations & Restructurings

August 31, 2019

Origin Merchant Partners is pleased to announce that ILTA Grain Inc. (“ILTA”) has completed the sale of its Belle Plaine, SK facility to Viterra Inc. The state of the art facility can handle a wide range of pulses and other commodities for export to countries worldwide.

Origin Merchant Partners acted as exclusive financial advisor to ILTA with respect to this transaction.

ILTA Grain Inc. is a leading processor and merchandiser of pulses, grains/oilseeds and other special crops in Western Canada. ILTA has operations in locations throughout Saskatchewan.

Viterra Inc. (“Viterra”) is one of Canada’s leading grain companies, headquartered in Regina, Saskatchewan. Viterra has operations throughout North America that handle, process, distribute and transport grains and oilseeds globally. Viterra is part of Glencore Agriculture, a global market leader in originating, handling, processing and marketing agricultural commodities.

Origin Senior Lead: Andrew Muirhead