Agrium Expands Retail Footprint in Argentina

Agrium Inc. (TSX:AGU) (NYSE:AGU) announced the completion of the acquisition of 24 retail farm centers in Argentina from DuPont Crop Protection, as well as its world-class crop protection formulation facility in Casilda, Argentina.

The press release is quoted as saying:

Annual expected revenue from the retail farm centers is about $57 million. The Casilda formulation facility provides a versatile range of herbicides, insecticides, and fungicides for the Argentina market, as well as toll manufacturing for third party companies. This brings the total number of Agrium’s retail farm centers in South America under the Agroservicios Pampeanos (ASP) name to 56 outlets.

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