The Andersons signs non-binding LOI to buy ownership interest in Skyland Grain LLC

Andersons, Inc.

The Andersons (ANDE) and Skyland Grain signed a non-binding LOI for ANDE to purchase an ownership interest in Skyland.
Skyland operates in South Central/Southwest Kansas, Northwest Oklahoma, Eastern Colorado, and Texas.
Transaction aligns with ANDE's core grain and fertilizer business; exclusivity granted to negotiate definitive agreement.
Closing subject to due diligence, board approvals, regulatory approvals; no assurance deal will be completed.

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