Andersons Does Small Roll-Up Acquisition (ANDE)

[24/7 Wall St.]

24/7 Wall St. Daily News

The Andersons, Inc. (NASDAQ: ANDE) is making a niche acquisition to fit into its fertilizer operations. It has acquired Douglass Fertilizer & Chemical Inc. as an addition to its Plant Nutrient Group to diversify the group's product line offering. It will also expand Andersons market "outside the traditional Midwest row crops and into Florida's rich specialty crops." Douglass Fertilizer is based in Maitland, Florida and is primarily a specialty liquid nutrient manufacturer, retailer and wholesaler. Douglass Fertilizer is a specialty liquid nutrient manufacturer and retailer primarily serving Florida and to a lesser degree the Southeastern U.S. and the Caribbean; and... http://feeds.feedburner.com/~f/typepad/RyNm?i=uSxYOG</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=uSxYOG) http://feeds.feedburner.com/~f/typepad/RyNm?i=QuKT0G</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=QuKT0G) http://feeds.feedburner.com/~f/typepad/RyNm?i=I8lbAg</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=I8lbAg)


complete story here... (http://www.247wallst.com/2008/04/andersons-does.html)