---
schema_version: "secwatch.filing_event.v1"
accession: "0000821026-24-000173"
form_type: "8-K"
ticker: "ANDE"
cik: "0000821026"
company_name: "Andersons, Inc."
filed_at: "2024-06-07T23:59:59+00:00"
generated_at: "2026-06-01T05:45:12.532820+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000821026-24-000173
- form_type: 8-K
- ticker: ANDE
- cik: 0000821026
- company_name: Andersons, Inc.
- filed_at: 2024-06-07T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/821026/000082102624000173/0000821026-24-000173-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/821026/000082102624000173/ande-20240606.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000821026-24-000173
- JSON: https://secwatch.observer/filing/0000821026-24-000173.json
- Plain text: https://secwatch.observer/filing/0000821026-24-000173.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.