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Norwest completes sale of Actagro to Nutrien

Middle market investment firm Norwest Equity Partners completed the sale of soil and plant health products manufacturer and marketer Actagro LLC to Nutrien Ltd.

The buyer provides crop inputs and services.

The deal was initially signed Feb. 5 and closed March 15.

Actagro focuses on environmentally sustainable products and technologies and distributes across global agricultural markets.

Norwest Equity invested in Actagro in 2011, and the company has more than doubled its employee headcount since. It accelerated product launches by 52%.

Lazard Middle Market advised Actagro on the deal. Winston & Strawn LLP provided legal services.