Apr 30, 2008Simplot Buys California Ag Company
J.R. Simplot Co. has acquired a majority interest in Britz Fertilizers agricultural inputs business. Britz is a California retailer and wholesaler of plant nutrients, crop protection products and seed. It offers a wide variety of agronomic services including aerial and satellite imagery.
Both firms are privately held, so details of the intended transaction were not released. The transaction should be completed by September.
Britz was started in 1948 by Albert Britz, with one location near Five Points, Calif. It is still owned and run by Britz family members and now has several locations throughout the San Joaquin Valley.
David Britz, president of the company, said the decision to join forces with Simplot was absolutely the right thing to do.””
