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The Andersons, Inc. announced it has acquired Douglass Fertilizer & Chemical, Inc. as an addition to its Plant Nutrient Group.

"Douglass Fertilizer will be an excellent addition to our Plant Nutrient Group’s product and service offering," said CEO Mike Anderson. "Douglass Fertilizer will nicely diversify the group’s product line offering and expand our market outside the traditional Midwest row crops and into Florida’s rich specialty crops."

Douglass Fertilizer, based in Maitland, Fla., is primarily a specialty liquid nutrient manufacturer, retailer and wholesaler serving a variety of agricultural and to a lesser degree industrial and turf markets primarily in Florida, the southeast U.S. and the Caribbean.

"I am pleased to be able to transition Douglass Fertilizer to such a quality company as The Andersons," said Chairman and CEO Spencer Douglass. "The two companies have very similar cultures dedicated to customer service, quality, community involvement and employee development which Joe Hodges and I believe will be the basis for its continued success and rewarding relationships with our customers, employees, communities and suppliers."

Douglass President Joe Hodges added, "This is a great opportunity for Douglass Fertilizer to further build upon the tremendous growth of our diversified business units. I look forward to combining our talented management team and dedicated employees with The Andersons and growing the newly established southern region."