Profile Products acquires fertiliser manufacturer Florikan
The transaction includes all Florikan product lines and facilities, including the company's manufacturing facility
Image credit: PR Newswire
Profile Products has recently announced the acquisition of Florikan, a leading manufacturer, blender, and distributor of controlled-release fertiliser to high-value ornamental horticulture, agriculture, golf, turf and professional landscape markets throughout the world. The transaction includes all Florikan product lines and facilities, including the company's manufacturing facility and expanding distribution centre in Bowling Green, Florida.
The investment leverages the agronomic expertise of both companies and expands Profile's ability to meet customers' product and service needs across all of the company's business segments. By adding Florikan's Nutricote and Gal-XeONE controlled release fertilisers to these industry-leading products, Profile Products is strengthening its position as a major supplier in that market. Florikan's highly efficient controlled-release fertilisers are also a natural fit with Profile's Biotic Soil Media, hydraulically applied erosion control technologies, and Porous Ceramic products designed to make turf maintenance and vegetation establishment more sustainable with fewer inputs.