Posted: 06.12.2011
During a special joint meeting of the respective Boards of Cooperative
Plus and Landmark Services Cooperative held at the Janesville Convention
Center in Janesville, Wisconsin on June 9, a presentation detailing the
Plan of Merger for the two entities was reviewed. After careful
consideration and much open discussion by both Boards, a roll call vote to
approve the Plan of Merger was put forth and was approved unanimously by
the leadership of both cooperatives.
The next stage of the merger process between Cooperative Plus and Landmark
will be a balloted vote and special meeting on the Plan of Merger by the
Cooperative Plus membership. Informational meetings for Cooperative Plus
members will be held on June 30 in Union Grove and July 6 in Burlington
and Elkhorn. The final vote and special meeting will be held on July 18.
Upon a majority vote by the Cooperative Plus membership, the merger would
become final the end of each cooperative's fiscal year, which is September
30, 2011.
Cooperative Plus posted $72 million sales in 2010. The cooperative has
seven locations and over 5,000 active members in southeastern Wisconsin
and northeastern Illinois. The headquarters is located in Burlington,
Wisconsin with additional sites in Clinton, Elkhorn, East Troy, Genoa
City, Union Grove and Whitewater. Cooperative Plus offers its members
Agronomy, Animal Nutrition, Grain, Energy and Retail products and
services.
Landmark Services Cooperative, headquartered in Cottage Grove,
Wisconsin, reached sales of $288 million 2010. Employing nearly 400
people and with a membership of over 15,000, Landmark provides Agronomy,
Energy, Animal Nutrition, Grain, Retail and Transportation products and
services through sixteen locations throughout south-central Wisconsin and
northern Illinois
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