Exit Strategies Group Advises Custom Ag Formulators in Strategic Sale

/in , /by Al Statz

Exit Strategies Group is pleased to announce that we recently served as financial advisors to the owners of Custom Ag Formulators (CAF), a North American provider of customized agriculture formulations and products for growers, in the sale of CAF to ICL, a leading global specialty minerals company.  

Founded in 1998 in Fresno, California, CAF offers a diverse assortment of liquid adjuvants and enhanced nutrients, as well as various other specialty products. CAF operates two U.S.-based facilities, with one in Fresno and a second in Adel, Georgia. Both sites manufacture liquid and dry formulations, and their strategic locations mean CAF can ship same day to key growing regions on both the East and West Coasts and to the Central U.S. Visit CAF’s website at customagformulators.com.

“Custom Ag Formulators was founded to provide quality products with custom formulations and packaging in a timely and efficient manner,” said Patrick Murray, principal and director of sales for Custom Ag Formulators. “For more than 25 years, our mission has been to consistently lead the industry in customer service, quality and product innovation, and we are excited to move this mission forward with ICL Group.”

The acquisition of Custom Ag Formulators adds to ICL’s products and expands its presence in the

U.S. ICL employs more than 12,000 people worldwide, and its 2023 revenues were approximately $7.5 billion. The company’s shares are dual listed on the New York Stock Exchange and the Tel Aviv Stock Exchange (NYSE and TASE: ICL). For more information, visit ICL’s website at icl-group.com.

Read ICL’s news release about the acquisition HERE.

This transaction reflects demonstrates Exit Strategies Group’s continued commitment to providing quality merger and acquisition advisory and business valuation services to lower middle market agricultural and manufacturing industries.

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For more further information or to discuss a potential M&A or business valuation needs, contact Al Statz or Joe Orlando.