Agricultural humic solutions supplier Huma® Inc., Gilbert, Ariz., on Feb. 20 announced that it has acquired the global granular fertilizer company Gro-Power Inc., Chino, Calif., effective immediately. The acquisition follows a longtime partnership of Huma, which was founded in 1973, supplying humates for Gro-Power humus-based fertilizer and soil conditioner products. Terms of the agreement were not disclosed.
“We greatly respect the trusted partnerships Gro-Power has established since its founding in 1966, and we’re committed to upholding the company’s strong reputation of excellence,” said Huma CEO Lyndon Smith. “Our goal is to not only preserve the legacy of Gro-Power and the Holden family, but to also strategically enter the granular fertilizer market to provide an expanded, more advanced portfolio to meet grower needs.”
In addition to Huma Plant & Soil products encompassing liquid nutrients, plant protection, and growth managers, the company now has the ownership rights to a suite of granular, humic-based fertilizers and soil conditioners.
“We’re always aiming to generate more product advancements and enhance services for both growers and our retail partners, and in 2024, we’re positioned to do exactly that,” said Fred Nichols, Huma Chief Sales and Marketing Officer. “Along with launching an established granular fertilizer lineup, Huma is putting more company boots on the ground to help tackle regional crop production challenges and provide customized, cost-effective field solutions.”