Swan Valley Co-op has announced that it has reached an agreement to purchase home and building retail stores in Swan River and The Pas from the Minsh group of companies.
Each property, which includes over 9,000 square feet of retail space, as well as a lumber yard and storage facilities, marks the return of Swan Valley Co-op to the home and building business.
In a news release, Swan Valley Co-op General Manager Colin Peters says the acquisition will allow them to respond to the needs of their members and communities, adding that they see opportunities for further growth, as they continue to build important relationships and partnerships.
Financial terms of the purchase were not released.
The acquisition, which is subject to conditions, is expected to close by late November, with Swan Valley Co-op officially beginning operations as of December 1st.