The Andersons Completes Scotts Pro Turf Acquisition

The transaction includes a long-term supply agreement under which Scotts will produce value-added products for The Andersons. Specifically, the acquisition includes ProTurf®, Contec™, PolyS® and other brand names, the distribution network, customer lists and all trademarks, patents, technologies and copyrights associated with the professional turf market. The transaction does not include use of the Scotts® brand or any of Scotts' consumer, professional grass seed or professional horticultural businesses. Further terms of the sale were not disclosed.

"This acquisition is another important step toward achieving our strategic goal of becoming the leader in the marketing, manufacturing, logistics and distribution of golf course and other professional turf products in the U.S.," said Rick Anderson, president of The Andersons Processing Group. "It complements the recent expansion of our production facilities to include a presence in the eastern and southern portions of the U.S. And we continue to seek an additional production site in the west and remain open to additional acquisition opportunities."

The Andersons is now a one-stop supplier of premium turf products throughout the U.S.

"The result of this sale is a championship pairing for the professional turf industry," Anderson said, "delivering a comprehensive product line and superior solutions to golf course superintendents and other turf pros. In addition, distributors will benefit by getting for the first time a complete product package from one company."

The Andersons operates in the grain industry, other agribusiness operations, several processing and manufacturing businesses, and general merchandise retailing. The Andersons' Professional Turf Products Division includes Tee Time®, Anderson Professional Turf Products™ and other premium turf products.

For more details about the progression of the deal, which also involves Canadian company Nu-Gro Corporation, please check the following articles found exclusively on Lawn & Landscape Online:

04-04-00 – Scotts Pro Turf Business Sale Now Definite

02-09-00 – Scotts To Sell Professional Turf Business to Andersons and Nu-Gro