Announced
Completed
Financials
Tags
Majority
United States
Acquisition
Friendly
Machinery: Agricultural
seed business
Private
Single Bidder
erosion control
Completed
Farming Fishing Ranching and Plantations
Synopsis
Profile Products, a provider of environmentally friendly soil, water and vegetation management solutions, completed the acquisition of HydroStraw's erosion control and seed businesses. Financial terms were not disclosed. The transaction includes all HydroStraw erosion control and seed product lines, as well as the company's Rockford, Washington, production plant/distribution center and employees. "The strategic operational location will support Profile's ability in the western United States to further develop fiber manufacturing and rolled erosion control product technologies while increasing production capabilities as we continue to expand our business," Jim Tanner, Profile Products President and CEO.
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