WICHITA, Kan. – Koch Agronomic Services, LLC, an affiliate of Koch Fertilizer, LLC, has agreed to acquire the Turf and Ornamental assets, brands and product technologies of Agrium Advanced Technologies, a former business unit of Agrium, Inc. The T&O business serves the horticulture, turfgrass, consumer lawn and garden, and specialty agriculture segments.
With this transaction, KAS will acquire 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.
Pending regulatory approvals, the transaction is expected to close at the end of the second quarter of 2014. Terms of the agreement were not disclosed by KAS.