Interoceanic Corp. Acquires Spring Valley USA
Interoceanic Corp. (“IOC”) announced that its affiliate company Rapid Plant Nutrients LLC (“RPN”) has acquired all of the assets, brands and trademarks of Spring Valley USA. Headquartered in White Plains, NY, IOC and its affiliates provide domestic and international production, marketing, and distribution of bulk fertilizers and industrial chemicals.
“IOC has earned the reputation as a valuable business partner to over 1400+ retail locations by serving the agricultural industry with both dry and liquid fertilizers. Our goal is to bring our family values and our supply chain efficiencies to the professional and consumer fertilizer and ice melt business. Choosing Spring Valley as a strategic partner was an easy choice, as our family cultures and our desire to manufacture products to the highest standards, aligned perfectly as we enter the next phase of our growth,” said Elio Mazzella, president of IOC. Elio went on to say, “Our entrepreneurial spirit propels the scope of our capabilities. Our continual efforts to grow have resulted in success for both the IOC family and our valued customers and suppliers.”
“It was important to our family, and our team of associates, that we chose a strategic partner that would continue with the same values and standards we have maintained since 1960. My brother Randy, president of Spring Valley Holdings and I, are confident that the Spring Valley legacy will continue well into the future under family-owned leadership,” said Bill Vogel, CEO of Spring Valley.
“Spring Valley has built an excellent reputation as a leader in the turf & ornamental market and will be a solid addition to IOC’s portfolio of companies. Our ability to move raw materials efficiently and cost effectively throughout the country, will provide exceptional value to our end user business partners. IOC believes Spring Valley’s geographical footprint only complements our model of supply chain efficiencies,” said Elio Mazzella.