Nutrien is to acquire crop nutrition products developer Actagro for $340m, as part of its strategy to invest in higher-margin proprietary products. The purchase includes two manufacturing plants in Arkansas and California, alongside an R&D facility in the latter state, and is set to complete during H1 2019. “Nutrien‘s acquisition of Actagro, a leading provider of agricultural nutrient management solutions, underscores our commitment to providing innovative solutions that help farmers grow more food with less water,” said John C. Taylor,
Nutrien is to acquire crop nutrition products developer Actagro for $340m, as part of its strategy to invest in higher-margin proprietary products. The purchase includes two manufacturing plants in Arkansas and California, alongside an R&D facility in the latter state, and is set to complete during H1 2019. Actagro develops, manufactures and markets plant and soil health products and technologies.