Capital Farm Credit score Acquires Two Texas Businesses

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Capital Farm Credit score Acquires Two Texas Businesses

The Board of Administrators for Capital Farm Credit score lately supported the acquisition of two crop insurance coverage companies within the Texas Plains Area in an acquisition settlement aimed toward serving as a long-term supplier of vital crop insurance coverage insurance policies.

Bennett Crop Insurance coverage and Taylor Crop Insurance coverage have joined Capital Farm Credit score’s Insurance coverage Providers Group. Each had been unbiased insurance coverage companies headquartered close to Lubbock, Texas. These acquisitions add 9 new staff and two new places to CFC’s territory.

Bennett Insurance coverage, situated in Brownfield, Texas, has been family-owned and operated since 2004 and serves a number of counties within the Panhandle. Taylor Crop Insurance coverage has been in enterprise for greater than 40 years, beginning as a family-owned company in Ropesville, Texas. Taylor Crop Insurance coverage focuses primarily on serving cotton producers in Lubbock and Hockley counties.

Capital Farm Credit score is an agricultural lending cooperative in Texas and has provided crop and livestock insurance coverage for over 10 years

Subjects
Mergers & Acquisitions
Texas
Agencies
Agribusiness

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