The transaction includes all Sunterra product lines
US-based Profile Products, the world’s leading provider of environmentally sound, site-specific solutions for horticultural production, erosion control and vegetation establishment, soil modification, and sports turf, the manufacturer of Hydrafiber horticulture substrates and other leading soil and vegetation management solutions, recently announced the acquisition of Canada based Sunterra Horticulture, a major producer of professional-grade sphagnum peat moss.
The transaction includes all Sunterra product lines, as well as the company’s state-of-the-art facilities in Saskatchewan and Manitoba, Canada. All Sunterra employees will also join the Profile’s team.
The investment combines the industry-leading experience of both companies and expands Profile’s horticultural product line to provide growers and blenders with a consistent and reliable supply of critical raw materials needed for their soil and media programs.
The new products augment Profile’s rapidly growing horticulture line, including HydraFiber, the most advanced engineered substrate for consistency, porosity and water availability. The acquisition will allow Profile to further enhance its strategic partnership with growers who choose to make their own mixes and blenders looking for a supply chain partner they can rely on for high-quality raw materials.
Sunterra joins Profile’s extensive global portfolio, which also includes proven technologies for erosion control, landscaping, sports field conditioning, and golf course construction and maintenance. The transaction closed on December 1, 2020. Financial details were not disclosed.
