Farmers Edge Inc., a digital agriculture company, has agreed to acquire CommoditAg, an online marketplace for agriculture products.
An announcement from the companies said this will allow Farmers Edge to expand its roster of services by empowering farmers to buy a wide range of agricultural products from trusted suppliers.
CommoditAg will function as a wholly owned subsidiary of Farmers Edge led by the existing CommoditAg leadership team. The deal is expected to close soon.
Source: Business Wire