Elders to buy Australian Independent Rural Retailers
Brad ThompsonReporter
Elders is digging in for a fight over market share as it enters the farming’s wholesale battlefield with the $187 million acquisition of Australian Independent Rural Retailers (AIRR).
The acquisition will give Elders a major footprint in the wholesale supply of farm products and positions it to compete more strongly with Canadian fertiliser giant Nutrien as it moves to complete a $469 million takeover of Ruralco.
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Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com
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