March 24, 2015 (Norquay, Saskatchewan, Canada): The Hudye Group is pleased to announce the sale of its Canadian Crop Input Retail Business, Hudye Soil Services Inc. to two investment funds managed by PFM Capital Inc. (“PFM”) of Regina, Saskatchewan – Saskworks Venture Fund Inc. and APEX Investment Fund II L.P. The sale includes their Crop Input retail locations in Norquay, Kamsack and Sturgis.
The Board of Directors of the Hudye Group was unanimous in their decision to sell to PFM. “What helped us make this decision was that we knew PFM would carry on our business model, while looking after our valued customers, employees and the community” commented Braden Hudye, President, Hudye Soil Services Inc.