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 From the News Desk...Lebanon buys Novozymes' turf divisionLebanon Seaboard Corp. recently acquired the turf and landscape business from Novozymes that includes the Roots Turf brand of organic-based granular fertilizers. The acquisition reinforces Lebanon’s growth initiative that includes the acquisition of the Emerald Isle line of foliar and granular fertilizers in December. Terms of the agreement between privately held Lebanon Seaboard, whose Lebanon Turf division focuses its business on the professional turf market, and Novozymes, a publicly traded company in Denmark, were not released. However, information on the Novozymes Web site indicate that the company’s turf and landscape division recorded annual sales of about $11 million. The acquisition was completed July 30, according to Novozymes. For more information, visit www.novozymes.com , www.lebsea.com , or www.lebanonturf.com . |
In other news... Study examines spring pre-stress fertility programs Research finds no correlation between biostimulant applications before spring core cultivation and recovery. Posted: 09/02/2010 Read more » Aquatrols, TurfNet present Water Week The series of five Webinars is aimed at helping superintendents manage water and soils more efficiently. Posted: 09/01/2010 Read more » News and people briefs Registration opens soon for Irrigation Show, Briggs & Stratton elects new chairman, FMC taps new director for professional solutions division Posted: 09/01/2010 Read more » GCSAA selects firm in search for new CEO Kansas City-based company will open search process for Mark Woodward's successor in October. Posted: 08/31/2010 Read more » Water foul! Research shows that droppings from non-migratory geese on turf can result in nitrogen runoff into adjacent bodies of water. Posted: 08/26/2010 Read more » Complete news index » |
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