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Novozymes acquires TJ Technologies

9:51 AM MDT | June 25, 2013 | Rebecca Coons

Novozymes says it has signed a definitive agreement to acquire TJ Technologies, a Watertown, SD–based provider of microbial and micronutrient products that enhance plant growth, increase stress tolerance, and improve yields. Financial terms have not been disclosed. Thomas Videbæk, executive v.p./Novozymes and head of business development, says combining Novozymes' existing products and "leading global name" with TJ's proven portfolio, brands, and regional market coverage will strengthen Novozymes’ commercial position in important crop...

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