Cargill to acquire former GrainsConnect elevators and stake in FGT.
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Cargill to acquire former GrainsConnect elevators and stake in FGT. Chamber of shipping > blog > news > local > Cargill to acquire former GrainsConnect elevators and stake in FGT. Cargill has signed agreements with Parrish & Heimbecker (P&H) to acquire three grain elevators in Alberta and Saskatchewan, along with a 50 per cent interest in the Fraser Grain Terminal in Surrey, British Columbia. The transaction would expand Cargill's grain-handling and export capacity across Western Canada, strengthening connections between prairie grain production and international markets. The assets were previously part of the GrainsConnect network acquired by P&H in late 2025. The proposed sale remains subject to regulatory approval, including review by the Competition Bureau. Cargill says the acquisition supports its long-term investment strategy in Canadian agriculture and grain export infrastructure.
