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Elders to buy Australian Independent Rural Retailers

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 was a reporter at The Australian Financial Review

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    Original URL: https://www.afr.com/companies/agriculture/elders-to-buy-australian-independent-rural-retailers-20190715-p5278l