For Immediate Release: December 13, 2022
Consumers Cooperative Purchases ALCIVIA’s Convenience Stores
Cottage Grove, WI and Sauk City, WI – ALCIVIA and Consumers Cooperative jointly announced today that they have agreed to terms for the sale of ALCIVIA’s convenience stores (C-Stores) to Consumers Cooperative and have executed a purchase agreement. The closing date of the transaction will be announced shortly.
In the spirt of true cooperative collaboration, ALCIVIA and Consumers Cooperative engaged in talks with the purpose of strengthening their core business units.
“We are excited to have this opportunity to work with Consumers Cooperative, and we could not have found a better partner with the expertise and a core business focus on C-Stores,” said Jim Dell, ALCIVIA CEO and President. “It is critical to ALCIVIA and our members that we strongly focus on the support, strategic vision, growth, and ongoing improvements of our core businesses. By improving our operational efficiencies, introducing innovation, investing in facilities and assets, and introducing new products and services in animal nutrition, agronomy, energy, grain, input financing, and technology, we can ensure ALCIVIA’s continued success.”
“We are extremely excited to have the opportunity to partner with ALCIVIA on the acquisition of their 16 C-Stores located throughout the state of Wisconsin,” said Eric Cantwell, Consumers Cooperative CEO and General Manager. “This is a fantastic growth opportunity for our cooperative in an area where we have found great success. With our retail expertise and desire to improve facilities, products, and services, coupled with our focus on our customers and the communities we serve, ensures a smooth transition and bright future for these stores.”
ALCIVIA is a leading, member-owned agricultural and energy cooperative driven by our passion for excellence and a future without boundaries. Located in Wisconsin and serving farm, business, and retail customers in Wisconsin, Minnesota, Illinois, and Iowa, our engaged employees provide innovative, responsible solutions to help drive the immediate and long-term success of our customers, including competitive operating loans and input financing, as well as best-in-class products and services for the agronomy, animal nutrition, energy, and grain needs of our customers.
Consumers Cooperative was incorporated in 1927 as a Wisconsin Member Cooperative and were created by the early farmers of Sauk Prairie to provide the community with petroleum products at a fair price. Today, nearly 100 year later, that legacy is continued. We are committed to preserving the legacy of cooperative ownership and passing it to the next generation.