Tessenderlo Group announced that its subsidiary, Tessenderlo Kerley, Inc. (“TKI”), has acquired Tiger-Sul, a North American focused provider of sulfur-based fertilizer products, from Platte River Equity. The acquisition closed on November 6, 2024.
The acquisition strengthens TKI’s specialty fertilizer portfolio as TKI looks to provide a better crop yield, more control for farmers, and a healthier planet for everyone. Tiger-Sul will continue to operate under its brand names.
“We’re excited to welcome Tiger-Sul to the TKI team, and we look forward to our ability to offer our customers Tiger-Sul’s complementary crop nutrition and soil enhancement products,” said Russell Sides, Executive Vice President of TKI.
“We appreciate the support from Platte River Equity, and we are looking forward to providing great value to our customers through our new partnership with TKI,” said Mike Dennerlein, President of Tiger-Sul.
Kris Whalen, Managing Director at Platte River Equity, commented, “TKI’s strategic vision and focus on innovation are well-aligned with Tiger-Sul’s mission, and we wish both the TKI and Tiger-Sul teams great success in this next chapter together.”
Cascadia Capital served as the primary financial advisor to Tiger-Sul. Bartlit Beck served as legal counsel to Platte River Equity. Fennemore served as legal counsel to TKI.
