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.

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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: Website:

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