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Archive BROWSE OUR 2009PRODUCT CATALOGUE UFA is 100 years young and the
best is yet to come Richard Peter Chair Centennial Committee UFA Co
operative Limited advances acquisition of Sportsman's WarehouseCalgary AB
Jan 23 UFA Co operative Limited's acquisition of Sportsman's Warehouse
advanced this week when shareholders of the US based retailer approved the
proposed deal UFA announced plans in November to acquire majority interest
in Sportsman's Warehouse a privately owned outdoor outfitter with annual
revenue topping $800 million and 67 stores in 38 American states The
acquisition aligns with UFA's strategy to diversify beyond its traditional
businesses The approval by Sportsman's Warehouse shareholders is an
important milestone in the due diligence process Though there are a number
of issues still to be addressed UFA remains committed to completing the
acquisition UFA is driving a controlled diversification strategy that
includes construction and outdoor lifestyle businesses As a rural marketer
outdoor recreational products and services are a logical extension of UFA's
existing relationship with customers and members UFA acquired Canadian
outdoor outfitter Wholesale Sports in July 2008 Sportsman's Warehouse
expands the co operative's lifestyle business while financially
strengthening the co operative With the addition of Wholesale Sports and
Sportsman's Warehouse UFA is a major North American force in the outdoor
adventure industry UFA's 2007 revenues were more than $1 8 billion ranking
it among the 40 largest Alberta companies in terms of revenue according to
PricewaterhouseCoopers and Alberta Venture magazine In 2008 UFA revenues
will top $2 billion for the first time having surpassed the $1 billion mark
just four years ago About UFA Co operative LimitedUFA Co operative Limited
is one of Alberta's most dynamic enterprises Canada's largest re seller of
diesel products serves rural communities throughout Alberta B C and
Saskatchewan with a construction division and an unmatched network of
retail stores and petroleum outlets With $2 billion in annual revenues and
120 000 active members UFA is one of Canada's most successful co operatives
For more information please contact:Natalie DawesManager Corporate
CommunicationsUFA Co operative Limited403 570 4369503 512 0425 Cellnatalie
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