Jan 31, 2012, 04:01 ET
MAUMEE, Ohio, Jan. 31, 2012 /PRNewswire/ -- The Andersons, Inc. (Nasdaq: ANDE) announced today it has completed the purchase of New Eezy Gro, Inc., a manufacturer and wholesale marketer of specialty agricultural nutrients and industrial products, with operations in Carey and Sycamore, Ohio.
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"This opportunity is a continuation of The Andersons' strategy of investing in logical business, operational and geographic adjacencies," says CEO Mike Anderson. "We will extend the same value system of providing exceptional customer service and enjoying lasting relationships to customers in this specialty agriculture arena."
New Eezy Gro, Inc., including its Golden Eagle Product line, will be part of The Andersons Plant Nutrient Group.
"The addition of New Eezy Gro supports our strategy of growing our business through an expanded product offering to serve more customers," says Bill Wolf, President, Plant Nutrient Group. "We are pleased to add this new business to our group as it significantly expands our total specialty and industrial product offerings to key customer groups in important markets."
Jerry Taylor, founder and president of New Eezy Gro, adds: "As part of The Andersons, our staff is pleased to offer our products and services with the assurance of quality solutions."
New Eezy Gro was founded in 1984 and supplies liquid calcium nitrate and other specialty products to the specialty agriculture and industrial markets primarily in Ohio, Michigan, Indiana, Illinois, Wisconsin, Minnesota, Kentucky and Pennsylvania.
About The Andersons, Inc.
The Andersons, Inc. is a diversified company with interests in the grain, ethanol and plant nutrient sectors of U.S. agriculture, as well as in railcar leasing and repair, turf products production, and general merchandise retailing. Founded in Maumee, Ohio, in 1947, the company now has operations across the United States, in Puerto Rico, and has rail equipment leasing interests in Canada and Mexico. For more information, visit The Andersons online at www.andersonsinc.com.
SOURCE The Andersons, Inc.
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