July 2, 2014
Koch Agronomic Services, LLC (KAS), an affiliate of Koch Fertilizer, LLC, has finalized the acquisition of the Turf and Ornamental (T&O) assets, brands and product technologies of Agrium Advanced Technologies, a former business unit of Agrium Inc. The acquired T&O business provides nutrient solutions for the horticulture, turfgrass, consumer lawn and garden, and specialty agriculture segments.
Included in the transaction are production facilities in Sylacauga, Ala. and global intellectual property rights related to POLYON®, DURATION®, XCU®, NUTRALENE® and NITROFORM® brands of slow-release and controlled-release fertilizers.
Terms of the agreement were not disclosed by KAS.
KAS is a global manufacturer and marketer of enhanced efficiency fertilizers, including a full range of nitrogen stabilizer and slow-release nitrogen products for crop and turf applications. KAS’ existing T&O products include UMAXX® and UFLEXX™ stabilized nitrogen fertilizers, and HYDREXX® nitrogen stabilizer.