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REGIONAL ROUNDUP

Deutrel Labs to Sell Organic-Fertilizer Unit

July 06, 1993

Deutrel Laboratories Inc., a Palmdale maker of fertilizers and other agricultural compounds, said it agreed to sell its organic-fertilizer manufacturing subsidiary to a British investor for cash and stock options.

Deutrel did not release the name of the investor or terms of the agreement. But Deutrel said the sale of its subsidiary, Revive Organic Products Co., will provide about $500,000 in cash to Deutrel Laboratories, enabling it to expand its research and move to a larger facility.

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