Timak Agro USA acquires Rainbow Plant Meals


READING, Pa., December 20, 2021 (Globe Newswire) — Timac Agro USA, a worldwide specialist in innovation for high-efficiency plant diet, introduced that it has accomplished the acquisition of Rainbow Plant Meals, primarily based in America Ga., from Nutrien. have executed it. Ltd. (NYSE, TSX: NTR).

This strategic acquisition will enable Timak Agro USA to fabricate its best-known patented granular applied sciences domestically to serve American growers seeking productiveness and profitability. Rainbow Fertilizers will proceed to supply Tremendous Rainbow, Rainbow and Worldwide Rainbow grades and function as an impartial model inside the Timak Agro USA portfolio.

“Rainbow is iconic and related to the land because the hometown model of the household farmer. This model identification is invaluable and the flexibility to keep up and proceed its legacy is vital to our future endeavors,” mentioned Alex Gaulier, Chief Govt Officer, Timak Agro USA. “Conserving the Rainbow model constant will additional develop {our relationships} with sellers and farmers attributable to Rainbow’s historic footprint within the Cotton Belt and Southeast. Timak Agro USA has been largely profitable on this geographic area as nicely, due to the work of our agricultural technical advisors on the farm in partnership with us.”

Rainbow Timak is a crucial a part of Agro USA’s development technique. “Along with including the Rainbow manufacturers to our portfolio, this addition will enable us to construct on a few of our most progressive granular applied sciences, equivalent to Nutririse and, sooner or later, Sulfamo,” Gaultier mentioned. “Rainbow will grow to be the primary Timak Agro Granulation unit within the nation, now we have 14 different NPK granulation amenities the world over.”

About Timak Agro USA:

Timak Agro USA is consistently innovating to supply agricultural options that enhance agricultural efficiency whereas respecting the setting. As a subsidiary of the Roulier Group, Timak Agro USA presently markets and distributes a portfolio of 60+ patented applied sciences for plant diet in 30 states. The corporate’s US headquarters are positioned in Studying, PA. For extra info go to www.us.timacagro.com.

About Roulier Group:

Established in 1959 and working within the plant diet, animal diet and meals industries, Groupe Roullier can depend on its industrial and technical experience, its distinctive gross sales drive and its coverage of steady innovation to reply the precise wants of its prospects. Groupe Roullier, which now has 8,500 workers, has maintained its monetary independence, supporting an bold development coverage. Groupe Roulier now markets its options in 131 international locations and has generated consolidated income of €2 billion. For extra info go to www.roullier.com

About Vitamins:

Nutrien is the world’s largest supplier of crop inputs and companies, taking part in an important position in serving to growers improve meals manufacturing in a sustainable method. We produce and distribute 27 million tons of potash, nitrogen and phosphate merchandise worldwide. With this functionality and our main agri retail community, we’re nicely positioned to fulfill the wants of our prospects. We function with a long-term imaginative and prescient and are dedicated to working with our stakeholders as we handle our financial, environmental and social priorities. The dimensions and variety of our built-in portfolio supplies a secure earnings base, a number of avenues for development and the chance to return capital to shareholders.


        



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