MAUMEE, OHIO, US — The Andersons Inc. has signed an agreement to buy the assets of Mote Farm Service, Inc., with an expected close date later this month.
“We are excited to expand our retail farm center network,” said Joe McNeely, president of The Andersons Nutrient and Industrial. “The purchase supports our strategy to be the Midwest’s premier provider of plant nutrients and agronomy services. We are looking forward to this opportunity to provide enhanced grower-focused solutions to eastern Indiana and western Ohio.”
The purchase will include Mote's Union City, Indiana, and Harrisville, Indiana, locations.
The Andersons plant nutrient business formulates, stores and distributes nutrients, specialty and industrial inputs, and corncob-based products. It serves the agriculture industry with NPK and a specialty product portfolio of PureGrade liquid fertilizers, MicroSolutions micronutrients, select nutrients, enhanced efficiency products, and soil amendments.