Bartlett Completes Acquisition of Global Agriculture Company Ceres Global Ag Corp.

GOLDEN VALLEY, Minn., July 7, 2025 /PRNewswire/ -- Bartlett, a Savage company, announced today that it has successfully completed its acquisition of Ceres Global Ag Corp., a Minnesota-based agricultural, energy and industrial products supply chain company with operations across the U.S. Northern Plains and Canada. Bartlett has received all necessary court, shareholder, and regulatory approvals for the take-private transaction, which was announced in May this year.

With the addition of Ceres, Bartlett expands its operational footprint and grain merchandising capabilities, adding approximately 45 million bushels of total grain and oilseed storage capacity, including joint venture assets, across 13 locations in Minnesota, North Dakota, Manitoba, and Saskatchewan. Ceres also brings deep experience in trading key commodities including spring wheat, durum, oats, and canola.

"This is an important moment for Ceres, for Bartlett and for the Savage enterprise as a whole," said Jeff Roberts, President and CEO of Savage. "This acquisition represents another step forward in our strategy to strengthen our agriculture business and broaden the value we deliver to customers across North America. The Ceres team and its leadership have an outstanding track record, and we're looking forward to building on that within the Savage portfolio."

Bartlett's integration of Ceres is focused on long-term growth; leveraging the combined team's deep agricultural expertise and shared values around service, integrity, and operational excellence.

"Ceres fits naturally with Bartlett in terms of people, assets and vision," said Bob Knief, Executive Director at Bartlett. "We're excited to grow our capabilities, expand our reach, and deliver even greater value to our grower and customer partners in the years to come."

For more details, please contact:

Dylan Jones
Managing Partner | Boldsquare
Email: dylan@boldsquare.com
Tel: 718-687-8994

About Bartlett
Established in 1907, Bartlett joined the Savage family of companies in 2018. Its diverse agribusiness is focused on the acquisition, storage, transportation, processing and merchandising of grain. The company is a leading U.S. exporter of grain to Mexico. Bartlett produces a broad range of flour to meet its customers' needs and plays an important and growing role in the food and renewable fuel sector with its soybean processing capability.

About Savage
Established in 1946, Savage is a private company based in Midvale, Utah, that owns and operates three businesses: Savage Infrastructure, Bartlett and Texon. With more than 4,200 team members in nearly 200 locations across the U.S., Canada, Mexico and Saudi Arabia, our companies are integral to the global supply chain, helping our customers and partners feed the world and power our lives.

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SOURCE Bartlett