M&A: Golden Growers Cooperative

Form Type: 8-K

Filing Date: 2024-12-23

Corporate Action: Acquisition

Type: New

Accession Number: 000143774924038267

Comments: On December 20, 2024, Golden Growers Cooperative issued a joint press release with Cargill, Incorporated regarding Cargill’s intention to purchase the Cooperative’s 50% membership interest in ProGold Limited Liability Company at the expiration of Cargill’s Second Amended and Restated Facility Lease with ProGold LLC, which expires on December 31, 2026. This announcement aligns with the terms outlined in the ProGold Limited Liability Company Agreement, effective March 1, 2022, as noted in the Cooperative’s Annual Report Form 10-K for the fiscal year ended December 31, 2023.

Document Link: View Document