* Expands reach into Italy, Romania
* Agrium bought Australia's AWB last year (In U.S. dollars unless noted)
WINNIPEG, Manitoba, May 2 (Reuters) - Agrium Inc
The deal, which includes CerealToscana's Romanian subsidiary, Agroport, is for $27 million, plus working capital.
CerealToscana and Agroport have 90,000 tonnes of storage with key distribution assets in Livorno and Ravenna, Italy, and along the Danube in Romania, Agrium said in a release.
The companies sell an estimated 400,000 tonnes of fertilizer a year including commodity and specialty products.
The deal will boost Agrium's presence in Italy and allow it to enter the Romanian agricultural market, Chief Executive Mike Wilson said.
Agrium, a major potash producer based in Calgary, Alberta, bought Australia's AWB for $1.1 billion last year and sold the former AWB commodity management arm to Cargill Inc [CARG.UL] in March.
Agrium shares closed up 23 Canadian cents, or 0.3 percent, at C$85.99 in Toronto. (Reporting by Rod Nickel; editing by Rob Wilson)