Verdesian Life Sciences, a crop science and nutrition technology company which launched in 2012, has acquired Leawood, a Kansas-based fertilizer technology firm. The deal adds more than 270 patents to Verdesian’s portfolio.
Just over a year ago, Verdesian acquired Northwest Agricultural products.
Financial terms of the Leawood deal were not disclosed.
According to Verdesian, the Leawood deal adds:
- A broader portfolio for customers
- More solutions to meet growers’ needs
- A greater focus on key customers with the largest plant nutritional sales force in the United States
- A robust pipeline in plant nutrition.
“SFP’s innovative fertilizer solutions are a natural fit with Verdesian’s expansive product offerings that increase grower yields and return on investment,” said J.J. Grow, chief executive officer for Verdesian Life Sciences. “Bringing SFP into the Verdesian family represents another step in our long-term strategy to build a leading portfolio of plant health and nutrition products.”
Verdesian Life Sciences is owned by Paine & Partners, a private equity firm with more than $1 billion under management.
