Legumex Walker's shareholders have approved the sale of their special crops division to the Scoular Company, an American agricultural marketer.

A two-thirds majority of shareholders voted for the sale, which would also include the voluntary liquidation and dissolution of Legumex. All other necessary regulatory approvals have been obtained and it is expected that the sale transaction will be completed by Nov. 30.

Winnipeg-based Legumex announced their plans to sell and liquidate to Scoular back in September, in a deal that should be worth over $174.6 million dollars, although recently Legumex has said the deal may work out to being less.