Nutrien buys sustainable soil firm for $340M

LOVELAND — Nutrien Ltd., a Canadian crop-nutrient company with operations in Loveland and Greeley, has purchased sustainable soil product maker Actagro LLC for $340 million.

Actagro has manufacturing operations in Arkansas and California. The acquisition includes all the company’s manufacturing facilities as well as research and development facilities in California, according to a Nutrien news release.

“The acquisition of Actagro is aligned with Nutrien’s strategy to invest in higher-margin proprietary products that provide strong value for growers. Actagro has a strong track record of developing and manufacturing high-value crop nutrition products,…