FOR IMMEDIATE RELEASE
Cary, NC and Pasco, WA
Verdesian Life Sciences, LLC (“Verdesian”), a Paine & Partners, LLC (“Paine & Partners”) company, today announced that it has acquired Northwest Agricultural Products, LLC (“NAP”), a world-class provider of specialty agricultural products. Financial terms of the transaction were not disclosed.
NAP specializes in eco-friendly products designed to meet the diverse needs of the agricultural community through advanced chemical and biological innovation, with a focus on enhanced plant health, optimized crop yields and overall quality. The company’s strong portfolio of products is highlighted by Sterics®, which enhance the absorption of phosphorous, and PolyAmines, which deliver essential micronutrients. It also produces biostimulants and biopesticides, with its Intracept and Bloomtime FD product lines. NAP’s technical strengths include plant pathology and physiology, advanced fermentation, bioprocess development and chemical, biochemical and environmental engineering. As a subsidiary of Verdesian, NAP will continue to operate independently out of Pasco, WA, through the 2013 season.