Platte River Equity has acquired Tiger-Sul Products LLC, a maker of crop performance products for the agricultural and industrial sector, from H.J. Baker & Bro. Inc. for an undisclosed amount. The demand for suppliers in these areas is driving M&A activity in the agriculture sector.
Tiger-Sul, headquartered in Shelton, Connecticut, manufactures sulphur fertilizers and other crop performance chemicals for more than 50 years. H.J. Baker, an international agricultural manufacturer for the feed and fertilizer industries, purchased Tiger-Sul in 2005. As part of the deal, H.J. Baker has retained a minority equity stake in the target and Tiger-Sul is continuing to operate from its existing facilities in Atmore, Alabama, Stockton, California, Canada and China.