Add-on Acquisition • Agriculture

Custom Agronomics Acquires BioTek

On April 11, 2024, Custom Agronomics acquired agriculture company BioTek

Acquisition Context

This is Custom Agronomics’ 1st transaction in the Agriculture sector.
This is Custom Agronomics’ 1st transaction in the United States.
This is Custom Agronomics’ 1st transaction in North Carolina.

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M&A Deal Summary
Date	April 11, 2024
Target	BioTek
Sector	Agriculture
Buyer(s)	Custom Agronomics
Deal Type	Add-on Acquisition

Target Company

BioTek

Clinton, North Carolina, United States

BioTek offers products that supply key crop nutritional needs, enhance the effectiveness of crop inputs, and work to enhance soil biology. The company focuses on product knowledge and service to help customers succeed at producing food and fiber. BioTek is based in Clinton, North Carolina.

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Buyer Overview 1

Buyer

Custom Agronomics

Palm City, Florida, United States

Category	Company
Sector	Chemicals

DESCRIPTION

Custom Agronomics provides customized formulation and manufacturing of private-labeled liquid plant nutrition and other specialty products serving the specialty agriculture and turf & ornamentals markets. Custom Agronomics is based in Palm City, Florida.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Agriculture	1 of 1
Type: Add-on Acquisition	1 of 1
State: North Carolina	1 of 1
Country: United States	1 of 1
Year: 2024	1 of 1

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