ICL acquires Custom Ag Formulators to expand Growing Solutions product offerings in North America
Acquiring Company
ICL Group
Acquired Company
Custom Ag Formulators (CAF)
Tel Aviv
FresnoBiotechnologyFood and BeverageAgriculture and FarmingManufacturingAgriculture and FarmingDescription
ICL, a leading global specialty minerals company, has acquired Custom Ag Formulators (CAF), a North American provider of customized agriculture formulations and products for growers, for approximately $60 million. This acquisition reinforces ICL's goal of targeting acquisitions to expand its Growing Solutions product offerings and to position the business for further growth in new and adjacent end-markets.
Quick answer
ICL Group is acquiring Custom Ag Formulators (CAF), announced July 29, 2024. ICL Group is based in Tel Aviv, Tel Aviv District, Israel.
- How much did ICL Group pay for Custom Ag Formulators (CAF)?
- The deal value was not disclosed.
- What does ICL Group do?
- ICL Group Ltd. is a global leader in agricultural technology and crop nutrition.
- Where are ICL Group and Custom Ag Formulators (CAF) based?
- ICL Group is based in Tel Aviv, Tel Aviv District, Israel. Custom Ag Formulators (CAF) is based in Fresno, California, United States.
- Who are the decision-makers at ICL Group?
- Fundz holds 1 contact at ICL Group. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Custom Ag Formulators (CAF)?
Custom Ag Formulators (CAF) was acquired by ICL Group, based in Tel Aviv. The deal was reported on July 29, 2024. ICL Group Ltd. is a global leader in agricultural technology and crop nutrition. The company focuses on developing and delivering a wide range of specialized products for agriculture, food, and industrial applications. ICL Group is publicly traded (ICL) and operates in Biotechnology.
When did ICL Group acquire Custom Ag Formulators (CAF)?
ICL Group's acquisition of Custom Ag Formulators (CAF) was reported on July 29, 2024. ICL, a leading global specialty minerals company, has acquired Custom Ag Formulators (CAF), a North American provider of customized agriculture formulations and products for growers, for approximately $60 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Custom Ag Formulators (CAF) do?
Custom Ag Formulators offers a diverse assortment of liquid adjuvants, nutrients, frost protectants, insect attractants, as well as various specialty products. It is privately held, operating in Manufacturing, and is based in Fresno.
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