Nutrien (NTR) to purchase Tec Agro Group

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Nutrien Announces Agreement to Purchase Brazilian Ag Retailer and Soybean Seed Producer Tec Agro

April 14, 2020 2:00 PM EDT

SASKATOON, Saskatchewan--(BUSINESS WIRE)-- Nutrien Ltd. (TSX and NYSE: NTR) announced today that it has entered into a definitive agreement to purchase 100 percent of the equity of the Tec Agro Group (Tec Agro). Tec Agro is a leading Ag Retailer in the state of Goiás, with close to 25 years of service to farmers and 8 Retail branches. Tec Agro also owns one of the largest branded soybean seeds businesses in Brazil, recognized nationally for its product quality and performance, under the Sementes Goiás brand. The annual sales of Tec Agro are approximately... More