Nutrien to acquire Tec Agro Group.

Nutrien, a Canadian mineral fertilizer producer, agreed to acquire Tec Agro Group, a agrochemicals retailer. Financial terms were not disclosed. Closing of the transaction is subject to approval by the Administrative Council for Economic Defense and the satisfaction of other customary closing conditions. “This acquisition fits with our strategy to bring whole farm solutions to our Brazilian customers. Our products and services portfolio, combined with our digital tools, are helping us create new value for Brazilian farmers. We are excited to continue our path of growth and further increase our presence in the country,” André Dias, Nutrien Vice President and Managing Director.