Agrium subsidary in Loveland acquires ag technology

LOVELAND — Loveland Products Inc., a subsidiary of Canada-based Agrium Inc. (NYSE: AGU), has acquired Starpharma Holdings Ltd.’s agrochemical business, the company announced Wednesday.

Loveland Products, based in Loveland, acquired Starpharma’s Priostar portfolio for $35 million.

The acquisition is comprised of key intellectual property, as well as a small number of staff based in Melbourne, Australia.

Starpharma’s underlying technology is built around dendrimers —  a type of synthetic nanoscale polymer that is highly regular in size and structure and well-suited to pharmaceutical and medical uses, according to the company.

The assets will…