French SFP Joins ADAMA to Strengthen PGR and Fungicide Presence in Europe

By PR Newswire|4 November 2019

ADAMA Ltd. has announced it will acquire French-Swiss crop protection company SFP, according to a company news release.

SFP, based in Aix en Provence, France and in Sion, Switzerland, was founded in 1987 and has developed strong, focused positions in key products in Europe, most notably in the plant growth regulator and fungicide segments. Plant growth regulators influence the development of crops, harmonizing their growth and preparing them for harvest. Such products are highly valued by farmers and widely used in agriculture and gardening, constituting a $375 million market in Europe.

Advertisement

SFP’s products are highly complementary to ADAMA’s European portfolio, and with ADAMA’s strong commercial network throughout the continent, are poised to drive significant growth for the Company going forward. In addition, certain active ingredients in SFP’s products are also manufactured by ADAMA, providing the potential to benefit from the competitive cost, quality assurance and traceability provided by backward integration.

Continue reading at PR Newswire

Top Articles
Argentina Crop Protection Market: Export and Import Tax Update

PR Newswire is a distributor of press releases headquartered in New York City. The service was created in 1954 to allow companies to electronically send press releases to news organizations. See all author stories here.

Hide picture