Replenish enters licensing deal with Farmers Union

Executive Summary

• Replenish Nutrients Holding Corp. entered into a three-year exclusive licensing agreement with Farmers Union Enterprises Inc. (FUE) to manufacture and distribute its patented SuperKS pellet fertilizer in the U.S.
• The agreement provides a capital-light expansion pathway, with FUE responsible for capital expenditures, facility operations, and sales, while Replenish supplies raw materials and technical support.
• Initial production is scheduled for late summer/early fall 2026, with expected licensing revenues of $40–$60 USD per metric tonne.

Key Details

• Parties: Replenish Nutrients Holding Corp. (Licensor) and Farmers Union Enterprises Inc. (Licensee). FUE has majority ownership in Farmers Union Industries LLC (FUI).
• Term: Three-year initial term, with an option to expand to additional territories and future Replenish technologies.
• Territory: Exclusive rights to manufacture and distribute within FUE’s five-state network (Minnesota, Montana, North Dakota, South Dakota, and Wisconsin), covering nearly 70 million acres of cropland.
• Facility & Capacity: FUI will renovate and operate a processing plant in Crookston, Minn.
  • Initial annual capacity: 50,000 metric tonnes.
  • Scalable capacity: 100,000 metric tonnes with continuous 24-hour production.
• Roles & Responsibilities:
  • Replenish: Supplies all raw materials, provides technical and quality control support, and handles final sales to distribution partners.
  • FUE/FUI: Responsible for capital expenditures, facility operations, and sales/distribution support.
• Financials:
  • Expected licensing revenues: $40–$60 USD per metric tonne over the initial term.
  • Revenue subject to change based on raw material, transportation, manufacturing, and wholesale pricing costs.
• Timeline: Initial production and sales expected in late summer/early fall 2026.
• Strategic Impact: First large-scale expansion into the U.S. market; capital-light model allowing near-term revenue potential and long-term scalability without additional capital expenditure from Replenish.

Notable Quotes

• Neil Wiens, CEO, Replenish Nutrients: "This partnership marks a major milestone for Replenish as we expand into the U.S. market with a farmer-owned organization that shares our commitment to regenerative agriculture... Together, we are enabling farmers to improve yields, profitability and soil health while reducing environmental impact."
• Darin Von Ruden, Board Chairman, Farmers Union Enterprises: "We're proud to partner with Replenish Nutrients to bring leading regenerative fertilizer technology to the producers we serve... This collaboration supports our long-standing mission to preserve the family farm and provide sustainable solutions for future generations."