BRANDT completes acquisition of Monterey AgResources

Date:01-11-2013

BRANDT, a leading manufacturer of agricultural specialty products, announced that it has completed the acquisition of Monterey Chemical Company, Inc. Monterey Chemical does business under the trade name Monterey AgResources. The transaction represents the remaining 30% of the shares of Monterey; BRANDT had acquired 70% in March 2010.

"As a family company, we welcome all the Monterey employees to the BRANDT family," said Rick Brandt, CEO & President of BRANDT. "With the caliber of people at Monterey, the future is incredibly bright."

The acquisition of Monterey AgResources fits BRANDT's aggressive corporate strategy of providing superior representation, production and warehousing for customers throughout North America and around the world. The combined company is a leader in formulating, packaging and marketing specialty products and chemicals for all agriculture systems.

Additionally, BRANDT offers a broad range of products for the greenhouse, ornamental, turf, home and garden, aquaculture and feed markets.

As part of the transaction, Monterey AgResources, a wholly owned subsidiary of BRANDT, will be integrated into BRANDT's Specialty Formulations division, under the leadership of Specialty Formulations Executive Vice President, Bill Engel.