The Andersons and Lansing Trade Group Acquire Thompsons Limited

The Andersons, Inc. and Lansing Trade Group, LLC announced the finalization of their acquisition of Thompsons Limited for $150 million. Both companies will equally own the business, which will continue to operate under the Thompsons name. Lansing's existing merchandising operations in Ontario will be consolidated into Thompsons. The Andersons operates across North America with diverse interests in agribusinesses.

Lansing is a merchandising company focused on the movement of physical commodities.

Fasken Martineau DuMoulin LLP acted as counsel to The Andersons and Lansing with a team that included Anna Tosto, Julia Kennedy, Tara Ballingall and Christine Stevenson (corporate); Rosalind Cooper (environmental), Aaron Stefan, Jay Hoi and Jon Holmstrom (banking); Dugan Edmison (real estate); Huy Do (competition), Mitchell Thaw and Paul Casuccio (tax) and Karen Sargeant (employment).

Davis LLP acted as counsel to the sellers and Thompsons Limited with a team led by Don Bell, and included Susan Kacaba, Andrew Lord and Rosalind Pyper (corporate); Lana Finney (environmental), Catherine Pawluch (regulatory), Justin Mooney (real estate), Richard Nixon and Leslie Frattolin (employment).

John Iino and Siddesh Bale of Reed Smith LLP acted as US counsel to the sellers.