United Farmers of Alberta Co-op Acquires Assets of Sportsman's Warehouse

On March 10, 2009, UFA Holdings Inc., a wholly owned US subsidiary of United Farmers of Alberta Co-operative Limited, completed the acquisition from Sportsman's Warehouse Inc. of 15 outdoor adventure sporting goods stores located in the states of Washington, Oregon, Montana, Idaho and North Dakota.

The purchase price for the acquisition was approximately US$65 million. United Farmers of Alberta Co-op is Canada's largest re-seller of diesel products and serves rural communities throughout Alberta, British Columbia and Saskatchewan with a construction division and a network of retail stores and petroleum outlets.

United Farmers of Alberta Co-op was represented by Fraser Milner Casgrain LLP in Canada and by Ballard Spahr Andrews & Ingersoll, LLP in the United States. The FMC team was led by Bill Jenkins (M&A) and included Joe Lougheed, John Reynolds, Vasiliki Antoniou, Keith Inman and Rustam Juma (M&A); Trevor Morawski and Beth Burton (financial services) and Craig McDougall (intellectual property). The Ballard Spahr team was led by David Rudd (M&A) and included Warde Allan (M&A); Dan Egan (finance); Jeff Davine (tax); Jason Leckerman and Job Itzkowitz (competition) and Jacquelyn Gray (employment).

Sportsman's Warehouse was represented by Lindquist & Vennum PLLP with a team that included Debra Page, Eldri Johnson, Charles Moorse and Sarah Valenziano (corporate); Peter Michaud and Thomas Barnes (competition) and Nancy Vollertsen (employment).