Agrium To Acquire Micronutrients Company

Agrium Inc. has reached a binding agreement on the purchase of International Mineral Technologies (“Tetra Micronutrients”).

Tetra Micronutrients is located in Fairbury, NE, and specializes in the production, marketing and distribution of custom liquid plant nutrition and dry micronutrient products, predominantly zinc sulphate.

Total annual revenues are over $60-million, $24 million in liquid nutrient sales and about $40 million in dry products.

Agrium will integrate this business into its Agrium Advanced Technologies (AAT) and Loveland Products proprietary brand businesses. AAT will operate and market product from the dry granular production facility, as well as marketing liquid plant nutrition products to third party customers. Loveland Products will operate the liquid facility and market these liquid plant nutrition products to Agrium Retail customers.

The acquisition was made at a multiple similar to other recent retail acquisitions in North America, with a pre-synergy EV/EBITDA multiple of approximately 5.

“The acquisition of Tetra Micronutrients is another example of a strong strategic fit within our existing Retail and Advanced Technologies businesses that will strengthen our product lines for the benefit of our customers, while offering significant synergy potential,” said Agrium’s President and CEO, Mike Wilson.

The transaction is expected to close by mid-July 2011.

Leave a Reply

One comment on “Agrium To Acquire Micronutrients Company

  1. Dear Sirs, If you have any inquire, please free contact us, we will send you the best prices and services. http://www.chemfert.net 
 We manufacture Micronutrients,Trace element, chelated minerals fertilizer, micro fertilizer, feed additives,Compound Micronutrients,Maximum Nutrition,growing fertilizer, Zn,Mn,Fe,Co,Mo,Cu,Ca… used directly mixture NPK fertilizer, or as fertilizer. our products have being enjoyed in Europe, UAS and Australia.The products are applied cropper, green Lawn, Fruit, vegetable, Golf Lawn, Tree and Animal feeds. Our Micro-nutrients are made to precise specifications and not to minimum specifications; a guarantee that provides peace of mind to the user.We produce the product as per different customer's request and specifications.Micromix produces a wide and varied range of micronutrient formulations that are tailored to suit any combination of deficiency, climate, soil, crop, mix-ability and commercial considerations Zn:3% Mn:6% Cu:3% Fe:12% MgO:0.5% S:5% size 2-4mm or1-3mm granular Zn:8% Cu:8% Mn:4% S:5% size 2-4mm granular Zn:20% Cu:2% Mn:2% S:5% size 2-4mm granular Zn:4% Cu:1% Mn:15% B: 0.5% S:5% size 2-4mm granular Zn:15% Cu:15% S:5% size 2-4mm granular Zn:4% Mn:20% B:2% S:5% size 2-4mm granular Zn:2% Cu:1% Mn:2% B:0.5% Ca: 5% Fe:8% Mo: 0.05% S:5% size 1-2mm or 2-4mm granular Zn:4% Cu:1% Mn:3% B:1% Ca:10% S:5% size 1-2mm or 2-4mm granular Zn:10% Cu:.05% Mn:2% B:0.5% Mo: 0.05% S:5% size 1-2mm or 2-4mm granular Zn: 5% Cu:2.5% Mn:6% B:2.5% Fe:14.5% Mo: 0.05% S:5% size 1-2mm or 2-4mm granular Zn: 0.5% Cu:0.5% Mn:5% Ca: 1% Fe:15% Mg:2% S:15% size 1-2mm or 2-4mm granular Zn:2% Cu:1% Mn:8% B:1% Ca: 8% Fe:8% Mo: 0.05% S:5% size 1-2mm or 2-4mm granular Coblat Granular Co: 10%min size: 2-4mm granular Iron oxysulphate Fe:25% / Fe:40%/50% size 2-4mm granular Zinc Oxysulphate Zn:10% 15% 20% 30% Size: 2-4mm granular Copper Oxysulphate Cu:10%/15%20%/25%/ size: 2-4mm granular Manganese OxySulphate Mn:30%/40% size: 2-4mm granular Products Fertilizer Compound Micronutrients Minerals Trace element Zinc (Zn) Iron (Fe) Zinc Sulphate Monohydrate Zinc Oxide Zinc Sulphate Heptahydrate Zinc Oxy sulphate Zinc Copper Boron Fertilizer Ferrous Sulphate Monohydrate Ferrous Sulphate Heptahydrate Iron Oxide Ferrous Carbonate Iron OxySulphate Manganese (Mn)Copper (Cu) Manganese Sulphate Monohydrate Manganese Oxide Manganese Oxy sulphate Manganese CarbonateCopper Sulphate pentahydrate Copper Oxide Copper Oxysulphate Cobalt (Co)Magnesium (Mg) Cobalt Sulphate heptahydrate Cobalt Sulphate Monohydrate Cobalt Carbonate Cobalt Granular 10%Magnesium Sulphate heptahydrate Magnesium Sulphate Monohydrate Magnesium Oxide Magnesium Oxy Sulphate Calcium (Ca)Molybdenum (Mo) Calcium Sulphate Calcium Carbonate Calcium IodateSodium Molybdate Sodium Selenite Sodium Metabisulphite Changheng chemicals fertilizer Ltd Add:1299# deya Road, Changsha, Hunan, China Tel: 0086 731 4442126 4826311 Fax: 0086 731 4827251 Email: [email protected] [email protected] Website: http://www.chemfert.net

Micronutrients Stories

Fertilizer Tender close-up
MicronutrientsHow Micronutrients Fit Into 2017 Fertility Plans
January 10, 2017
Where do micronutrients stand going forward in fertility plans? For one thing, Tim Mundorf, Field Representative with Midwest Laboratories, says Read More
Trey Curtis, Concept Ag owner
MicronutrientsConcept Ag Debuts TransMaxx Technology For Foliar Applications Of Calcium, Other Nutrients
December 15, 2016
Concept Ag Soil & Plant Nutrition has launched TransMaxx Technology, an innovative translocation technology for foliar feeding crop fertility products. Read More
Young Corn Closeup
MicronutrientsBiostimulants And Micronutrients: The Making Of A Market
September 7, 2016
The market for biostimulants and micronutrients continues to grow faster than many other areas of the crop protection market. While Read More
Aerial Photo of Advanced Micronutrient Products in Reese MI
MicronutrientsAdvanced Micronutrient Products Big On Custom Blends
September 7, 2016
John Bowen, whose father started Cameron Chemicals in 1986, has his own unique approach to today’s market. The company evolved Read More
Trending Articles
AgriSync
Matt Hopkins17 Agriculture Apps That Will Help You Farm Smarter In 2017
December 9, 2016
Ag professionals are working smarter, not harder, than ever before. Smart farming technologies have enabled them to reduce costs, maximize Read More
R4023 Sprayer, John Deere
CropLife 100Ag Retail Equipment Report: The Green Party Continues
December 7, 2016
In the annual race for sales in the ag retail equipment marketplace, the color schemes for participants are a little Read More
Mike Stern
Precision AgClimate Corp. CEO Talks Retailer Support For Digital Ag
December 1, 2016
CropLife Magazine’s sister publication, AgriBusiness Global, recently sat down with Mike Stern, CEO of The Climate Corp., following the Monsanto subsidiary’s Read More
Precision AgTrimble Debuts End-to-End FMIS Platform
November 28, 2016
October’s inaugural PrecisionAg Vision Conference left this author with many thoughts and things to ponder in the coming months. Probably Read More
CHS Primeland
CropLife 100The 2016 CropLife 100 Report: Reviewing The Many Bulls And Bears Impacting This Year’s Marketplace
November 28, 2016
For virtually all of 2016, the nation was wholly focused on the big Presidential election. Some folks aligned themselves with Read More
Monsanto sign
Crop InputsMissouri Governor Meets With Bayer CEO To Discuss Monsanto Merger
November 21, 2016
Missouri Gov. Jay Nixon visited Bayer AG global headquarters in Leverkusen, Germany, on November 18 to discuss the proposed Bayer-Monsanto Read More
Latest News
Young Corn Plants
ManagementTimac Agro USA Acquires Michigan Ag Retailer
January 20, 2017
Timac Agro USA, an agriculture supply company specializing in high-efficiency plant and animal nutrition products, has acquired St. Louis,MI-based A&E Ag, Read More
Soybean field
Crop InputsNufarm Teams Up With John Deere Financial
January 19, 2017
Nufarm and John Deere Financial have teamed up to help farmers grow a better tomorrow. This program helps make purchases Read More
Sonny Perdue
LegislationTrump Formally Picks Perdue As Agriculture Secretary
January 19, 2017
U.S. President-elect Donald Trump officially announced Sonny Perdue as his choice for secretary of agriculture on Thursday, selecting a former Read More
ManagementPresident Trump, Wisconsin Review, and a Dow-DuPont Upd…
January 18, 2017
Editors Paul Schrimpf and Eric Sfiligoj reflect on a new administration, a recent winter show, and crop protection company mergers. Read More
Industry NewsBayer, MS Technologies Get China Approval For Balance G…
January 18, 2017
MS Technologies and Bayer have received import approval from China for Balance GT soybeans. The new Balance GT Soybean Performance Read More
Werner Baumann, Bayer AG, and Hugh Grant, Monsanto
Industry NewsReport: Monsanto, Bayer CEOs Among Latest to Make Trump…
January 18, 2017
The chief executive officers of German chemical giant Bayer AG and U.S. seed behemoth Monsanto, Werner Baumann and Hugh Grant, Read More
Giant Ragweed
HerbicidesStudy: Focusing On Weed Seedbank Can Help Manage Herbic…
January 18, 2017
Researchers writing in the latest issue of the journal Weed Science provide important insights on the control of herbicide-resistant giant Read More
Management3 Financial Trends To Watch In Agriculture
January 17, 2017
I recently had the opportunity to attend a meeting of credit managers for Midwest ag supply and input companies, in part Read More
Andersons Retail Store
CropLife 100The Andersons To Close All Retail Stores; Shutdown Does…
January 16, 2017
In a stunning announcement to the Toledo area, The Andersons Inc. said on Sunday that it would close its two Read More
Trimble TMX-2050 In-Cab Display
Eric SfiligojPrecision To Lead Agriculture In 2017?
January 16, 2017
Another new year is upon us! And I’m certain I speak for many in the agricultural world when I say Read More
Corn
Eric SfiligojThe Mood From Madison? In A Holding Pattern
January 16, 2017
Last week, I had the chance to attend the annual Wisconsin AgriBusiness Classic show in Madison, WI. It’s been a Read More
Syngenta Sign
Crop InputsAccenture Helps Syngenta Transform Its Global Logistics
January 13, 2017
Syngenta, a leading agriculture company, has collaborated with Accenture to design and implement a new digital logistics operating model across Read More
Fall Creek Seth Harden The Nature Conservancy
StewardshipLocal Farmers’ Watershed Initiative: Continuous Improve…
January 13, 2017
The goal in the Big Pine Watershed Project is to more intentionally do what local farmers and responsible ag retailers Read More
HerbicidesEPA Expands Enlist Duo Herbicide Registration To 34 Sta…
January 13, 2017
The U.S. EPA has expanded the geography for application of Enlist Duo herbicide from 15 to 34 states. This means Read More
Olson Ag Enterprise
CropLife 100Wilbur-Ellis Acquires Nebraska Seed Retailer
January 13, 2017
Wilbur-Ellis’ Agribusiness, a recognized leader in precision agriculture technology and the distribution and marketing of plant protection, seed and nutritional Read More
ManagementDeere-Precision Planting Update and the Ag Secretary Wa…
January 12, 2017
Editors Paul Schrimpf and Eric Sfiligoj provide the latest on the court date for John Deere/Precision Planting and the quest Read More
Monsanto sign
Seed/BiotechMonsanto, NRGene Form Agreement For Big Data Genomic An…
January 12, 2017
Monsanto Co. and NRGene have announced that the companies have reached a non-exclusive, multi-year global licensing agreement on NRGene’s genome-analysis Read More
AGCO Custom applicator
SprayersAGCO, Asmark Institute To Offer Training For Beginning …
January 11, 2017
AGCO Corp. and the Asmark Institute are collaborating to offer a new training program dedicated to educating and developing custom Read More