BRANDT ACQUIRES TURFGRASS COMPANY
Jan. 6, 2014
Source: BRANDT press release
Springfield, Illinois - BRANDT, a manufacturer of agricultural specialty products, has announced that it has a definitive letter of intent to acquire Grigg Brothers, a leader in the golf and sports turf industry since 1995.
"As a family company, we welcome the Grigg Brothers' employees to the BRANDT family," said Rick Brandt, CEO & President of BRANDT. "I'm excited about teaming up with Grigg. With the caliber of people who are joining us, and our combined resources, we will be a key player in the growing turf category."
The acquisition of Grigg Brothers fits BRANDT's aggressive corporate strategy of providing superior products throughout the world. The combined company has sales in 48 US states and 45 countries and will be a national and international leader in turf nutrient products. BRANDT offers a broad range of specialty products for the agriculture, sustainable and ornamental markets, including plant nutrients, adjuvants, lawn & garden products, sustainable controls and soil amendments.
Though long-term business plans are still being formulated, Grigg Brothers will become part of BRANDT's Specialty Formulations division, under the leadership of Vice President, Bill Engel. "It's truly an honor to join forces with Mark and Gary Grigg," said Engel. "The intellectual capital, knowledge and relationships they bring to our existing T&O capabilities, making us an undisputed leader in the turfgrass business. I can't wait for the Golf Industry Show to really start to work together."
Both Mark & Gary Grigg will become part of the BRANDT team. Mark Grigg, current CEO of Grigg Brothers, will continue to provide strategic operations management and key account leadership. "I am proud of the company we built," said Grigg, "But I am truly excited about our future together with BRANDT. This transaction will give us access to a wide range of world class people and products."