8-K

0000821026-15-000058.txt : 20151209 0000821026-15-000058.hdr.sgml : 20151209 20151209141722 ACCESSION NUMBER: 0000821026-15-000058 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20151209 ITEM INFORMATION: Other Events FILED AS OF DATE: 20151209 DATE AS OF CHANGE: 20151209 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Andersons, Inc. CENTRAL INDEX KEY: 0000821026 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-FARM PRODUCT RAW MATERIALS [5150] IRS NUMBER: 341562374 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-20557 FILM NUMBER: 151278145 BUSINESS ADDRESS: STREET 1: 480 W DUSSEL DR CITY: MAUMEE STATE: OH ZIP: 43537 BUSINESS PHONE: 4198935050 MAIL ADDRESS: STREET 1: 480 W DUSSEL DR CITY: MAUMEE STATE: OH ZIP: 43537 FORMER COMPANY: FORMER CONFORMED NAME: ANDERSONS INC DATE OF NAME CHANGE: 19960117 FORMER COMPANY: FORMER CONFORMED NAME: ANDERSONS MANAGEMENT CORP DATE OF NAME CHANGE: 19931119 8-K 1 a8-kotherevents.htm 8-K 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934




Date of Report (Date of Earliest Event Reported):		December 4, 2015

The Andersons, Inc.

__________________________________________

(Exact name of registrant as specified in its charter)




Ohio	000-20557	34-1562374
_____________________ (State or other jurisdiction	_____________ (Commission	______________ (I.R.S. Employer
of incorporation)	File Number)	Identification No.)

480 West Dussel Drive, Maumee, Ohio		43537
_________________________________ (Address of principal executive offices)		___________ (Zip Code)



Registrant’s telephone number, including area code:		419-893-5050

Not Applicable

______________________________________________

Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events

On December 4, 2015, Lansing Trade Group, LLC agreed to the sale of equity to New Hope Liuhe Investment (USA), Inc., a U.S. subsidiary of Chinese company, New Hope Liuhe Co. Ltd. New Hope paid cash for a 20% equity interest in Lansing.

The impact of this transaction to The Andersons, Inc. is a reduction in total ownership share of Lansing Trade Group from approximately 39% to 31% which includes dilution from newly issued shares as well as a redemption of shares that occurred on a pro rata basis between The Andersons and the other existing owners of Lansing Trade Group. Gross proceeds from redemption are approximately $8 million.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.




	The Andersons, Inc.

December 9, 2015	By:	/s/ John Granato

		Name: John Granato
		Title: Chief Financial Officer
		(Principal Financial Officer)

Exhibit Index



Exhibit No.		Description

99.1		Lansing Trade Group Press Release

EX-99.1 2 ex-991lansingtradegrouppre.htm EXHIBIT 99.1 Exhibit

FOR IMMEDIATE RELEASE

Contact: Tom Carew, Lansing Trade Group

Phone: 913.748.3061

E-mail: tcarew@lansingtradegroup.com

Lansing Trade Group Announces the Sale of Equity to New Hope Liuhe Investment (USA), Inc.

OVERLAND PARK, KANSAS, December 4, 2015 - Lansing Trade Group, LLC has sold equity to New Hope Liuhe Investment (USA), Inc., a U.S. subsidiary of Chinese company, New Hope Liuhe Co. Ltd. New Hope paid cash for a 20% equity interest in Lansing.

Having emerged in the 1980’s, currently listed on the Shenzhen Stock Exchange and now having more than 60,000 employees, New Hope Liuhe Co. Ltd. is engaged in the industries of animal feed manufacturing, meat processing, livestock and poultry breeding, importing and exporting trade and animal production. In China, New Hope is a market leader in animal feed sales and meat processing volume.

“New Hope is a respected name in the Chinese agricultural industry,” says Bill Krueger, President and CEO of Lansing. “The opportunity for Lansing to form a strategic alliance with such a significant company fits Lansing’s long term growth strategy. Having New Hope as a partner will facilitate benefiting from the combined strength of Lansing and New Hope in their China business as well as in other countries.”

About Lansing Trade Group

Lansing Trade Group is a commodity merchandising company largely focused on the movement of physical commodities including grains, feed ingredients and energy products within North America and internationally. Headquartered in Overland Park, Kansas, the company has 13 offices across North American, as well as offices in the United Kingdom, Brazil and China. For more information, visit Lansing Trade Group online at www.lansingtradegroup.com.