Interoceanic Corp. (IOC), White Springs, N.Y., announced on Nov. 17 that its affiliate company, Rapid Plant Nutrients LLC (RPN), has acquired all of the business, assets, brands, and trademarks of Spring Valley USA, a producer of fertilizers for the turf and ornamental market headquartered in Jackson, Wisc.
The acquisition includes Spring Valley’s transport, mixing, screening, and bagging facilities in Jackson and Fostoria, Ohio. The company has been in business for 62 years formulating fertilizers for the professional lawn and landscape, golf, sports field, and nursery/greenhouse markets, and has strong distribution channels in the US, Europe, Asia, and the Pacific Rim.
“IOC has earned the reputation as a valuable business partner to over 1,400+ Ag Retail locations throughout the US with both dry and liquid fertilizers. Our goal is to bring our family values and our supply chain efficiencies to the professional and consumer fertilizer and ice melt business,” said Elio Mazzella, President of IOC.
“Choosing Spring Valley as a strategic partner was an easy choice, as our family cultures and our desire to manufacture products to the highest standards aligned perfectly as we enter the next phase of our growth,” Mazzella continued. “Our entrepreneurial spirit propels the scope of our capabilities. Our continual efforts to grow have resulted in success for both the IOC family of companies and our valued customers and suppliers.”
Mazzella said Spring Valley’s geographic footprint complements IOC’s model of supply chain efficiencies, and the company will benefit from IOC’s ability to move raw materials efficiently and cost effectively through the US.
“It was important to our family and our team of associates that we chose a strategic partner that would continue with the same values and standards we have maintained since 1960,” said Bill Vogel, CEO of Spring Valley. “My brother Randy, President of Spring Valley, and I are confident that the Spring Valley legacy will continue well into the future under family-owned leadership.”