J.M. Huber, a global, family-owned specialty engineered materials manufacturing company, completed the acquisition of Biolchim Group, a producer and distributor of a full range of specialty plant nutrition and biostimulants, from private equity firms NB Renaissance and Chequers Capital. Financial terms were not disclosed. "The strategic combination of the Biolchim Group and Huber AgroSolutions will be transformative since the companies have complementary commercial and product offerings, as well as industry-leading technologies and research capacities. We are both eager to collaborate, share knowledge and build on each other’s capabilities. The agreement will open up new growth ambitions and will position us as a leading player in specialty nutrition globally. I am excited about the promising future for the company, and I am grateful to NB Renaissance and Chequers Capital for the continuous support received over the past several years through the implementation of the Biolchim Group’s value creation plan and the key strategic decisions," Leonardo Valenti, Biolchim Group CEO.