Dec 12, 2024Liquid fertilizer company acquires soil health specialist
Liquid fertilizer company AgroLiquid has acquired Monty’s Plant Food Co., a Louisville-based specialist in soil health and plant nutrition technology.
The acquisition, effective Jan. 1, 2025, combines AgroLiquidʼs expertise in liquid fertilizer solutions with Montyʼs specialized knowledge in soil health and humic technology, according to a news release.
“This strategic combination allows us to bring crop nutrition technologies to growers that wouldnʼt otherwise be available to them,” Nick Bancroft, CEO of Michigan-headquartered AgroLiquid, said in the release. “While both companies share the same goals in advancing agricultural innovation, our different approaches to achieving them will create new opportunities to optimize nutrient efficiency and productivity for growers.”
The companies will maintain their brands and operate independently through the 2025 growing season, according to the release.
“Joining forces with AgroLiquid marks an exciting new chapter for Montyʼs Plant Food,” said Jeff Sangalli, CEO of Monty’s Plant Food Co. “Our shared farmer-first philosophy and commitment to innovation made this a natural fit. By combining our complementary strengths, weʼre positioned to deliver even greater value to the agricultural industry.”
The merger will combine operational capabilities, including manufacturing, warehousing and storage infrastructure, to enhance service for customers, the companies said. Both companies will maintain their existing product lines while exploring technological advancements in plant and crop nutrition solutions.
Following the acquisition, Monty’s Plant Food will continue to operate under its current name as a privately owned company, with Sangalli continuing to lead the business, according to the release.