Everris Americas (an ICL Specialty Fertilizers company) has acquired the manufacturing equipment of X-Calibur Plant Health Company, located in Summerville, S.C. The purchase includes a fertilizer coating line and associated handling, processing and packaging equipment. The equipment provides Everris with additional manufacturing capabilities to more rapidly bring its new products to the market, including an innovative controlled-release fertilizer technology currently under development by Everris’ Global R&D Center in the Netherlands.
The equipment acquired by Everris will remain in a 42,000 sq. ft. facility located approximately 15 miles from Everris’ controlled-release fertilizer production facilities located in Charleston, South Carolina, where it produces its Osmocote controlled-release fertilizers and other coated products.
The newly acquired equipment will enable Everris to introduce a new proprietary product that complements its Osmocote and Poly-S controlled release technologies early next year. Everris’ expanded product line of coated components and fertilizers will provide its customers in the ornamental horticulture, turf and specialty agriculture markets with an even broader range of solutions to meet their plant and crop nutritional needs. All products will be available through Everris’ distribution channels and sold by its Americas sales force. Several of the new products will also be marketed by Everris’ global sales network.
“Purchasing the X-Calibur equipment provides us with an ideal solution for our expansion needs,” said Ariana Cohen, President of Everris Americas. “We require additional manufacturing capabilities to bring our new controlled-release fertilizer technology from concept to the marketplace. The equipment acquired meets our needs, and its proximity to our existing Charleston production facility will enable us to realize significant efficiencies as we ramp up production of both existing and new products. This acquisition truly sets us on an exciting path toward future growth.”
“Everris is committed to developing enhanced-efficiency fertilizers that help growers to improve their productivity and profitability,” said Fred Bosch, C.E.O. of Everris. “Acquiring X-Calibur’s equipment is a major step in our more rapid introduction of new, innovative solutions to the global market, and it demonstrates our ongoing commitment to the ornamental horticulture, turf and specialty agriculture markets. This transaction is a further step in ICL’s strategy to become one of the world’s major global Specialty Fertilizers players, and it complements several other acquisitions made by ICL in the Specialty Fertilizers sector over the past year.”