BERWICK OIL COMPANY AND AG PARTNERS COOPERATIVE INC. ANNOUNCE MERGER TALKS
Jul 21, 2025
Member-owners are encouraged to review the merger information, attend meetings, and vote.
On July 15, 2025, Berwick Oil Company (Berwick) and Ag Partners Cooperative Inc. (Ag Partners) jointly announced that their respective Boards of Directors have unanimously approved a Letter of Intent (LOI) to pursue a potential merger. This strategic step is the result of the collaborative efforts of the coops, including a thorough independent analyses to assess associated risks and benefits.
Both Boards have given the green light to commence the drafting of a Definitive Agreement.
Ashley Shupp, the General Manager of Berwick Oil, expressed optimism regarding this opportunity, stating, “This is a meaningful step for both cooperatives. Our leadership believes this merger will benefit members, employees, and the long-term success of the business. Most importantly, it ensures that our cooperative model remains strong and sustainable for generations to come.”
Wes Spohr, CEO of Ag Partners, emphasized the shared values and community focus that unite the organizations, “This opportunity is about more than efficiency, it’s about preserving the cooperative presence in our rural communities. We want to ensure both co-ops remain strong, local, and member-driven, staying a viable choice for the years to come.”
The leadership teams of both cooperatives are committed to a transparent and thoughtful process, with member engagement and clear communication at every stage. Further updates will be shared as the discussions progress.