USA – Wilbur-Ellis, a leading international marketer and distributor of agricultural products and animal nutrients has acquired North American specialty liquids chemical manufacturer, Nachurs Alpine Solutions (NAS).
NAS has diversified operations organized into six business units providing crop nutrition solutions in US and Canada, de-icing and freeze prevention solutions for the transportation and mining industries, as well as fluids for the energy sector.
Wilbur-Ellis did not reveal financial details of transaction. However, the company noted that NAS is the largest acquisition in its history and that the deal underlines the company’s commitment to reinvest in the business.
The company said the acquisition will expand its agricultural product offerings and opens door to diversified specialty chemicals markets in North America.
As part of Wilbur-Ellis, NAS will operate as a new business division, alongside the company’s other core businesses – Agribusiness, Nutrition and Connell.
NAS will be led by its current President and Chief Executive Officer Jeff Barnes, who will report to Wilbur-Ellis President and Chief Executive Officer John Buckley while its products will continue to be sold under its signature brands.
Commenting on the acquisition, Wilbur-Ellis’ Buckley said: “NAS is a great strategic fit for Wilbur-Ellis.
“It supports our One Wilbur-Ellis strategy, which promotes collaboration and leveraging our resources, experiences and knowledge across our businesses to add value and better serve customers.”
Market-driven innovation is another critical capability, Buckley added. “NAS has demonstrated an extraordinary ability to innovate.
“Over the past five years, the company has launched over 50 new products, which has provided greater stability in changing markets and contributed significantly to their product portfolio.”
This creates value and supports Wilbur-Ellis’ Agribusiness division, a recognized leader in precision agriculture technology and the distribution and marketing of crop protection, seed and nutritional products.
Wilbur-Ellis said that the acquisition also enables the company to enter new markets and expand its specialty chemicals presence in North America supported by NAS’ history of product innovation and strong customer support.
San Francisco-based Wilbur-Ellis also sees collaboration opportunities for NAS and its Nutrition division, an industry leader in the international marketing and distribution of nutrients for the livestock, pet food and aquaculture industries.
“At NAS, our business is built on quality, integrity and innovation,” said Jeff Barnes the company’s President and CEO.
“So, we’re proud to be joining Wilbur-Ellis, a company that supports those values, has an unwavering commitment to safety, and is dedicated to serving customers.”
NAS operates seven manufacturing plants and 85-plus distribution terminals in the US and Canada supported by more than 200 highly skilled employees and a strong product portfolio.