One of the notable middle market transactions was announced in February when Nutrien Ltd acquired Van Horn, Inc. for an undisclosed amount. The acquisition enhances Nutrien’s retail business. Following the transaction, Van Horn joins Nutrien AG Solutions, a subsidiary of Nutrien Ltd. Van Horn is located in Illinois and produces and retails hybrid agricultural products.
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Industry Indicators
- The consumer price index for food, an indicator of agriculture product values, rose 2.1% in February 2019 compared to the same month in 2018.
- The average US retail price for diesel and regular gas, a major operating cost in the agriculture and forestry sector, rose 0.5% and 2.9%, respectively, in the week ending April 15, 2019, compared to the same week in 2018.
Posted by Dan Halvorson.
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