PRT Growing Services Ltd. (“PRT”) announced its acquisition of International Forest Company (“IFCO”) based in the U.S. Southeast, accelerating the company’s growth and establishing PRT as North America’s leading provider of premium-quality container and bareroot seedlings.
As a trusted leader in advanced, high-value forest seedling genetics, IFCO brings extensive expertise in controlled mass pollination coupled with bareroot and container seedling stock to deliver consistently high yields of healthy, superior-quality seedlings. Together, as a combined entity, PRT will operate 14 seed orchards and 28 nurseries, producing 630 million forest seedlings annually. This acquisition supports PRT’s strategic growth plans and commitment to helping customers achieve regulatory compliance and reforestation objectives to mitigate climate change.
Patrick Mobley, CEO, IFCO will continue to support the business as both an investor and a special advisor to PRT. IFCO’s seasoned executive team will also remain with the business to help drive its next phase of growth.
PRT Growing Services Ltd. is North America’s largest producer of forest seedlings, currently growing more than 340 million seedlings annually and operating a network of forest seedling nurseries in the U.S. and Canada.
IFCO Seedlings, owned and operated by the Patrick Mobley family since 2004, owns five bareroot and six container nurseries located strategically across six states in the Southeastern U.S., producing 290 million forest seedlings annually.