August 1, 2018
Land O'Lakes, Inc. has acquired substantially all assets of Agren, Inc., an Iowa-based software company with soil health and conservation planning software. The Agren business and tools will be operated by the Land O'Lakes SUSTAIN division.
Land O'Lakes, Inc. has held minority equity in Agren since 2016, teaming with the company to offer precision conservation software for farmers. These tools, delivered through the SoilVantage platform, will now provide farmers and agricultural retailers with a comprehensive soil health platform from Land O'Lakes.
"This acquisition bolsters our goal at Land O'Lakes SUSTAIN to be industry leaders in conservation stewardship and sustainability, helping ensure Land O'Lakes and the farmers we serve can lead the way on stewardship using the latest technology in our industry," said Matt Carstens, senior vice president of Land O'Lakes SUSTAIN. "By strategically designing conservation practices and visualizing results using these innovative tools, retailers and farmers can maximize conservation benefits while keeping productive land in farming."
Carstens said the tools complement existing capabilities offered by Land O'Lakes SUSTAIN and WinField United and will help growers and dairy farmers safeguard water quality, reduce erosion and improve soil health.
Terms of the acquisition will not be disclosed.
Source: Land O'Lakes, Inc.
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