Parrish & Heimbecker is set to buy GrainsConnect Canada. Image source: Pixabay
Canadian grain company Parrish & Heimbecker (P&H) is set to buy GrainsConnect Canada (GCC) – a GrainCorp/Zen-Noh Grain Corp joint venture, according to a World Grain report.
The deal included GCC’s four high-capacity elevators at Reford and Maymont in Saskatchewan and Huxley and Vegreville in Alberta along with GCC’s 50% interest in Fraser Grain Terminal, the 18 December report said.
The Fraser terminal, which was formed as a joint venture between GrainsConnect and P&H, is located at Fraser Surrey Docks, the Port of Vancouver, and exports up to 4M tonnes/year of wheat, barley, oilseeds, pulses and other commodities. It has the capacity to handle and discharge 120 railcars and includes 70,000 tonnes of storage.
The acquisition was expected to close in early 2026, subject to regulatory approvals, with operations to continue as normal until then, World Grain wrote.
Financial terms of the deal were not disclosed.
P&H is a family-owned agribusiness with operations in grain handling and merchandising, crop inputs, flour milling, feed milling and animal nutrition, along with egg grading and processing, with a longstanding partnership with GCC through Fraser Grain Terminal, according to the report.
Sosland Publishing’s 2026 Grain and Milling Annual said P&H had more than 90 locations across Canada and total grain storage of 23.4M bushels.
Commodities handled by the company include canola, corn, feed barley, malt barley, milling wheat, oats and soyabeans, and it also sources grain to supply flour milling and the food, animal nutrition and ethanol industries.
GrainsConnect was established in 2015 by Australia-based GrainCorp and Zen-Noh Grain Corp, the US subsidiary of Japanese agricultural cooperative federation Zen-Noh, with the goal of creating a fully integrated supply chain for the origination, marketing, storage, handling, distribution and exporting of Canadian grains and oilseeds.