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. 
 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:

Micronutrients Stories

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
MicronutrientsMicronutrients 2016: Market Updates From Key Suppliers
September 7, 2016
This is the year that people should be going back to using micronutrients. After all, to open the door, you Read More
Aspire with Boron
Crop InputsStudy: Aspire with Boron Ups Alfalfa Yields
June 8, 2016
Alfalfa growers are successfully improving yields through the cutting season by applying an important micronutrient. In a recent study, The Read More
Trending Articles
Matt Hopkins15 Twitter Accounts Every Ag Professional Must Follow
October 13, 2016
What do singer Katy Perry and the President of the United States have in common? They are two of the Read More
AGCO RG700 cab
OpinionRoadblocks To Precision Ag Innovation
October 5, 2016
On August 29, I got to preside over the PrecisionAg Innovation Series event, “Game-Changing Advances in Precision Farming Technology,” developed Read More
J.C. Ramsdell containment system
EquipmentClear Opportunity In The Tank Market
October 4, 2016
Crop prices may be down, but steel prices are too — and that’s good news for retailers looking to add some Read More
WinField booth Farm Progress
Special ReportsTalking Weed Management Strategies At Farm Progress 2016
October 2, 2016
The annual Farm Progress Show — this year staged in Boone, IA — is always a great place to catch Read More
Corn Field
Eric SfiligojFacing Ag Industry Challenges
September 26, 2016
At the 2016 annual Mid America CropLife Association (MACA) meeting in September, a pair of crop protection company representatives discussed Read More
Bayer Monsanto
Crop InputsBayer-Monsanto Mega-Merger: 6 Things You Need To Know
September 14, 2016
Mega mergers have become almost routine in the agricultural industry. Right on the heels of Monday’s news that fertilizer giants Potash Read More
Latest News
AGCO RG700 at the 2015 National Farm Machinery Show
EquipmentAGCO Parts Rolls Out No-Interest, No-Payments Offer Via…
October 26, 2016
AGCO Corp. is now offering an innovative financing solution on qualifying Parts and Service transactions. Now through December 31, 2016, Read More
Soybean field
Crop InputsIncotec Invests In North America
October 25, 2016
Leading seed enhancement company Incotec, part of Croda, has announced an investment in their North America business. The total investment of Read More
Patriot 25th anniversary
SprayersCase IH Celebrates 25 Years Of Patriot Sprayers At Bens…
October 24, 2016
Case IH executives, employees and special guests celebrated 25 years of production of Case IH Patriot sprayers in a special Read More
4r Nutrient stewardship
StewardshipNominations For The 4R Advocate Program Due October 31
October 24, 2016
Nominations for the 4R Advocate program are due to The Fertilizer Institute by October 31, 2016. The program recognizes agricultural Read More
Corn close up
Eric SfiligojProtecting Agriculture’s Ability To Feed The World
October 24, 2016
The rate of change coming to agriculture is growing, and will continue to do so for the foreseeable future. This Read More
Student Young Worker CHS
CropLife 100CHS Supports #FirstJob Compact
October 24, 2016
CHS joins the White House and many of the country’s largest employers in signing a new initiative centered on helping Read More
Kennebec Grain terminal
CropLife 100Wheat Growers Kennebec Facility Loads First Rail Cars
October 21, 2016
In a season of firsts for Wheat Growers’ Kennebec Grain Terminal, the first 115-car unit train was loaded with soybeans Read More
ManagementThe Latest Dow-DuPont Rumor, Product of the Year Voting…
October 20, 2016
CropLife Editor Eric Sfiligoj shares a new rumor about the Dow-DuPont merger and updates on two CropLife-driven programs, the CropLife Read More
Soybean Closeup
FungicidesFMC Begins Registration Process For New Fungicide Activ…
October 19, 2016
FMC Agricultural Solutions has begun the joint U.S. EPA and Canadian Pest Management Regulatory Agency registration process for bixafen, a new Read More
Soil Young Corn
Industry NewsAgribusiness Search Firm Appoints New Managing Partner
October 18, 2016
Morris Bixby Group, a leading agribusiness search firm providing the highest quality professional recruiting and career advancement services since 2000, Read More
Wheat Field North Dakota
FertilizerUnited Suppliers Acquires Kansas Fertilizer Business
October 17, 2016
United Suppliers, Inc. has purchased the assets of Evans Enterprises, LLC, an ammonium chloride fertilizer business based in Olathe, KS. Read More
Corn Field
Industry NewsFMC Launches New Operations In Argentina, Exits Joint V…
October 17, 2016
FMC Corp. has exited its joint venture with Ruralco Soluciones S.A. FMC has launched new commercial operations, FMC Quimica S.A., Read More
Dow AgroSciences
InsecticidesRenewed Registration Issued For Products Containing Sul…
October 17, 2016
On October 14, 2016, the U.S. EPA re-established the registration of products containing sulfoxaflor (Isoclast Active), including Transform WG, Closer Read More
Eric SfiligojThe Whys Of Agriculture
October 17, 2016
During 2016, there have been myriad challenges facing the whole agricultural industry. Such wide ranging issues as water protection, sustainable Read More
Young Corn Field
FertilizerImproved Phosphorus Management Essential To Feeding Wor…
October 14, 2016
With a global population expected to reach 9 billion people by 2050, improved management of key essential nutrients such as Read More
ManagementHarvest and Crop Price Updates; EPA and Crop Protection…
October 13, 2016
Glyphosate and atrazine get public comment support from ARA as each is reviewed by EPA, and the latest on the Read More
Matt Hopkins15 Twitter Accounts Every Ag Professional Must Follow
October 13, 2016
What do singer Katy Perry and the President of the United States have in common? They are two of the Read More
Corn Field
Industry NewsArysta LifeScience Adds Two Key Account Managers
October 13, 2016
Arysta LifeScience North America recently announced the addition of two key account managers: Doug Hoberty and Rob Wier. Hoberty and Read More