09.05.2014 18:26:03
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Agrium To Sell Turf And Ornamental Business To Koch Agronomic Services
(RTTNews) - Agrium Inc. (AGU.TO, AGU) said Friday that it has entered into a definitive agreement with Koch Agronomic Services, LLC, an affiliate of Koch Fertilizer, LLC, to sell its Turf and Ornamental business for about $85-million including working capital.
The deal is part of a strategic review process completed in 2013 with regards to the discontinued operations of the former Agrium Advanced Technologies business unit.
The sale is anticipated to close in the second quarter of 2014.
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