Springfield, Ill., based Brandt has acquired a majority interest in Baicor. L.C. based in Logan, Utah, Brandt is a leading agriculture retailer and manufacturer of specialty ag products that has been expanding operations globally. It was a good fit for Brandt to acquire a majority in Baicor, which manufactures and distributes specialty fertilizers, focusing on liquids for foliar and soil applications and does international business, too.
The announcement explained that "this acquisition will give Brandt additional manufacturing capacity, plus access to a pipeline of new products based on leading research at the forefront of plant nutrition."
Founded in 1989, Baicor manufactures products for agriculture, greenhouse, turf and lawn and garden growers. The company distributes more than 40 proprietary specialty agriculture inputs under its own brand, in addition to extensive private label manufacturing. Baicor products are distributed globally.
Rick Brandt, president and CEO of Brandt said, "Baicor shares our values. We both believe in maximizing plants' potential through the application of good science and quality products. ‚... We've been working with the Baicor team indirectly for a number of years through our Grigg Brothers brand. And we've seen firsthand the quality of their products and their commitment to customer service."
Gene Miller, Ph.D., founder of Baicor, said, "This transaction makes us part of a bigger organization and will provide the opportunities necessary to continue to grow in the business and stay on the cutting edge of plant nutrition."
Baicor will operate as a Brandt subsidiary, part of the company's Specialty Formulations division under the direction of Executive Vice President Bill Engel. Baicor employees will be retained and Baicor management will continue to operate the company day-to-day.