Further consolidation of Western Canada’s grain sector is just around the corner.
Parrish & Heimbecker (P&H) is purchasing GrainsConnect Canada (GCC), a joint venture currently owned by Australia’s GrainCorp and Japan’s Zen-Noh Grain Corp.
GCC was formed by the two international firms in 2015.
P&H is getting four high-capacity grain elevators as well as GCC’s 50 per cent stake in Fraser Grain Terminal at the Port of Vancouver.
The elevators are in Reford, Sask., Maymont, Sask., Huxley, Alta., and Vegreville, Alta. The 35,000-tonne facilities are each equipped with 134-car rail loops.
P&H has a longstanding partnership with GCC through its shared ownership of Fraser Grain Terminal.
The port terminal exports up to four million tonnes of cereals, oilseeds, pulses and other commodities per year.
It can handle and discharge 120 railcars and has 70,000 tonnes of storage. It can load grain into vessels at a rate of 2,000 tonnes per hour.
The purchase is expected to close in early 2026 subject to customary closing conditions and regulatory approvals.
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