The Jeuns

Custom Agronomics purchases BioTek Ag

April 22, 2024 | by The Jeuns

Custom Agronomics, a leading custom formulator and manufacturer of private-label liquid plant nutrition and specialty products, has recently acquired BioTek Ag, a prominent agricultural company based in North Carolina. The acquisition is aimed at expanding Custom Agronomics’ focus on nutrient use efficiency products and enhancing its portfolio.

With over three decades of experience, BioTek Ag specializes in helping farmers improve and protect crop yields by providing specialized nutrients, nitrogen stabilizers, and other products that enhance soil biology. The company’s products have been instrumental in optimizing the effectiveness of crop inputs and boosting agricultural productivity.

Greg Thompson, chairman of the Custom Agronomics board of directors, expressed enthusiasm about the acquisition, stating that BioTek Ag is a trusted provider of private-label solutions that promote sustainability and profitability for farmers. This strategic move strengthens Custom Agronomics’ position in the market, broadens its range of nutrient use efficiency products, and expands its geographical footprint.

Following the acquisition, BioTek Ag will now operate as part of Custom Agronomics, leveraging the combined expertise and resources of both companies to better serve customers. Jim Wendling and Kim Tart, founders of BioTek Ag, emphasized the shared commitment to delivering high-quality products and services through private label offerings, highlighting the cultural alignment between the two organizations.

While the financial terms of the deal have not been disclosed, the collaboration between Custom Agronomics and BioTek Ag is expected to drive growth and innovation in the agricultural industry. Together, they aim to support farmers in increasing production and maximizing their return on investment, further solidifying their position as key players in the field of agricultural solutions.

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