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Yara acquires water crop sensor technology firm

8:56 AM MST | November 18, 2013 | Ian Young

Yara International says it has acquired water sensor company ZIM Plant Technology (Hennigsdorf, Germany). "This is a strategic step for Yara into a new segment of the precision farming business, and it is also a response to our Creating Impact strategy of addressing resource scarcity," says Egil Hogna, senior v.p. and head/downstream at Yara. Terms of the deal, which is expected to close on 1 January 2014, have not been disclosed. ZIM sells crop water sensor technology, which is mostly used in high-precision irrigation systems to improve yields and...

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