Public company | |
Traded as | : AGU : AGU S&P/TSX 60 component |
Industry | Chemicals, Agriculture |
Founded | 1931 |
Headquarters | Calgary, Alberta, Canada |
Area served
|
Worldwide |
Key people
|
Victor J. Zaleschuk (Director) (Chairman of the Board) Chuck Magro (CEO) |
Products | Agricultural products and services |
Revenue | US$16.0 billion (2014) |
$3.6 billion (2014) | |
$720 million (2014) | |
Total assets | $17.1 billion (2014) |
Total equity | $6.7 billion (2014) |
Number of employees
|
15,500 (2014) |
Divisions | Agrium Retail Agrium Wholesale |
Subsidiaries | Agrium U.S. |
Website | Agrium.com |
Agrium Inc. is a major retail supplier of agricultural products and services in North America, South America and Australia and a wholesale producer and marketer of all three major agricultural nutrients and a supplier of specialty fertilizers in North America.
Agrium was founded as Cominco Fertilizers, Limited (short for Consolidated Mining and Smelting Company Limited ) in 1931 and changed its name to Agrium, Incorporated in 1995. Agrium is headquartered in Calgary, Alberta, Canada. Crop Production Services, Inc., a subsidiary company, is based in Loveland, Colorado and is the location of Agrium's Retail Business Unit head office. The company is a part-owner of Canpotex, which manages all potash exporting from Saskatchewan.
Agrium operates in two business segments:
Agrium operates close to 1,500 retail agricultural centres in the U.S., Canada, South America and Australia under the brand names Crop Production Services (CPS), Crop Production Services Canada (CPSC), Agroservicios Pampeanos S.A. and Landmark. Crop Production Services was acquired in 1994.
On December 3, 2010 Agrium announced the completion of the acquisition of the Australian Wheat Board for a total acquisition price of $1.236-billion Australian dollars. This acquisition additions to the retail division of Agrium. Roughly 40% of the AWB holdings were sold to Cargill including the Commodity Management Business.
In October 2013, Agrium announced the acquisition of Viterra’s Canadian retail assets, after previously acquiring Viterra retail locations in Australia.
The Wholesale segment produces nitrogen, phosphate, potash and sulphur-based fertilizers. This segment also owns and operates a potash mine and production facility in the Rural Municipality of Vanscoy No. 345 in Saskatchewan, Canada, and a phosphate mine in Conda, Idaho, U.S.
The Wholesale segment engages in the ownership of nitrogen-based fertilizer plants in Bahía Blanca, Argentina and in Damietta, Egypt.