Summit Nutrients, a precision-based manufacturer and marketer of bio-nutritional and fertilizer products, has announced the acquisition of AGVNT, an R&D company known for pioneering some of the industry’s most recognized technology platform of nutrient efficiency innovations. .
“AGVNT is recognized throughout the industry for its high-performing, differentiated technology which will position us for future growth in serving a greater diversity of crops and geographies,” says Jeremy Fountain, Director of Business Development for Summit Nutrients. “By pairing AGVNT’s market-leading assets with our rapidly transforming portfolio, manufacturing, and commercial product skills, we immediately offer a compelling value proposition which we plan to scale across more acres domestically and internationally.”
In the last five years, Summit Nutrients have worked closely with AGVNT to develop more than 100 different bio-nutritional granular and liquid custom-blended products, which have been commercially applied on more than five million U.S. crop and turf acres to date.
As part of this transaction, AGVNT’s research workforce has transferred to Summit Nutrients along with its manufacturing division which supports Summit Nutrients’ multi-site operation in gaining closer proximity to Midwest geographies.
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