Profile Products, a manufacturer of specialty agriscience materials, has bought Nivetha Exporters, a producer of coco coir products.
The transaction includes all Nivetha product lines, as well as the company’s facilities in Southern India and its employee base. It increases Profile’s raw material selection including peat, coir, and HydraFiber, engineered fiber service, and controlled release fertilizer products. As part of the deal, Nivetha has been renamed to CoirSci.
“This acquisition is the next step in our evolution to round out our strong portfolio of offerings and ensure our customers can easily and readily find the substrate solution they need for their horticultural operations, all from one manufacturer,” says Jim Tanner, CEO of Profile Products. “Nivetha has a strong industry reputation as a reliable coco coir supplier, and we are excited to work with their innovative team to deliver on that consistency for our grower and blender customers.”