Inocucor acquires ATP Nutrition
By Top Crop Manager
Inocucor Corporation, a developer and producer of biological crop inputs for high-value produce and row crops, announced it has acquired ATP Nutrition, a producer of science-based plant nutrients based in Oak Bluff, Man. Terms of the acquisition were not disclosed.
Crop nutrients, such as those produced by ATP Nutrition and biologicals, such as Inocucor's, are designed to work together to boost plant health and grower yields. ATP will continue to operate as a plant nutrient supplier to canola, soybean, corn, pulse and cereal growers through its broad distribution network throughout North America.
A key initiative of the new entity will be a collaborative effort by Inocucor's and ATP's R&D teams to develop products that synergistically drive the genetic potential of the crop by combining biologicals and plant nutrition, according to a press release. Products will be formulated based on plant type, geography and soil conditions.
Inocucor will continue to market ATP Nutrition's micronutrient product line through its existing sales force and distributor network throughout North America. Inocucor also will continue to operate ATP's 25,000-square-foot EPA-registered R&D formulation and manufacturing facility, which also serves as headquarters for its 23 employees.
In May, Inocucor will occupy its new 30,000-square-foot U.S. headquarters and commercialization office currently under construction in Centennial, Colo. Its Montreal-based, R&D-focused Technical Center of Excellence was recently expanded from 10,000 to 20,000 square feet. The company employs about 40 people in Montreal and the U.S., and anticipates adding another 25 to 30 high-level scientific and managerial professionals over the next year.