Florida-based specialty products company Custom Agronomics has acquired North Carolina-based BioTek Ag to expand its focus on nutrient use efficiency products.

Custom Agronomics is a formulator and manufacturer of private-label liquid plant nutrition, nutrient use efficiency, and other specialty products for the agriculture, turf, and ornamental markets. BioTek Ag has more than three decades of experience helping farmers improve and protect crop yields with specialized nutrients, nitrogen stabilizers, and other specialty products that improve soil biology and enhance the effectiveness of crop inputs.

“This acquisition immediately enhances our portfolio of nutrient use efficiency products, expands our footprint, and strengthens our overall team,” said Greg Thompson, chairman of the Custom Agronomics Board of Directors and a senior operating partner at Inverness Graham, a private investment firm that acquires innovative companies where technology is transforming traditional industry. Inverness Graham’s investment in Custom Agronomics is part of its Green Light initiative that invests in businesses where environmental sustainability is a key driver of growth.

BioTek Ag will become part of Custom Agronomics. Financial terms of the deal are confidential.