Penner Farm Services, Horizon Livestock and Poultry Supply, and Paradigm Agri-Solutions have announced a merger, with the companies combining their operating assets as of January 1, 2016. All 3 businesses will continue to operate under their current names and support their existing product lines and services.
“I have dreamt of this combination for a long time and believe Horizon Livestock and Paradigm will be a great fit for Penner Farm Services,” says Reg Penner, President of Penner Farm Services.
Harold Rempel, President of Horizon and Paradigm, agrees. “Penner Farm Services is a great complement to our business, and positions us for growth.”
Through the merger, both businesses expect to find greater operating efficiencies, offer broader and stronger product lines, and take advantage of opportunities for leveraged purchasing.
The businesses’ 6 locations will continue to operate as usual. Penner Farm Services has locations in Blumenort and Brandon, whereas Horizon operates stores in Steinbach, Niverville, and Winnipeg. Paradigm has a store in Steinbach.
Penner Farm Services has long been involved in the construction of livestock buildings—hog, dairy, and poultry.
“What Penner Farm does is supply equipment, install equipment, and service equipment,” says Penner. “So we came out of construction. That’s how we ended up in the business.”
Horizon works primarily on the after-market side of the business, selling drugs, veterinary supplies, and parts to the hog and poultry industries. Paradigm is also a provider of drugs and veterinary supplies to pork producers.
“From our perspective, our strength is equipment, because that’s what we’ve always done,” says Penner. “They’ve been on the after-market supply side, more so than we are.”
Penner says the 3 companies have all worked in these different sectors of the business, but they each have different strengths. “Together, we both gain something we didn’t have.”
