Agrium Inc., Calgary, AB, announces it has entered into an agreement to acquire certain fixed assets and inventory of Pursell Technologies Inc.Agrium Inc., Calgary, AB, announces it has entered into an agreement to acquire certain fixed assets fixed assets npl → activo sg fijo fixed assets npl → immobilisations fpl fixed assets fix npl → and inventory of Pursell Technologies Inc. and PTI PTI - Portable Tool Interface for a purchase price of $74.5 million. The PTI acquisition is expected to increase Agrium's sales and earnings in the growing and environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] specialty fertilizer fertilizer, organic or inorganic material containing one or more of the nutrients—mainly nitrogen, phosphorus, and potassium, and other essential elements required for plant growth. business. Agrium has pioneered the development of cost-effective controlled release fertilizer products for use in broad acre crop applications, and this transaction is expected to further support that effort. Agrium Intends to combine the sales and earnings from the PTI acquisition with those of its other specialty fertilizer products into a new business segment. |
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