Arysta LifeScience Acquires Russian Company
7 March 2011 Pau, France — Arysta LifeScience has acquired a majority of the shares of the FES Group in Russia, according to a press release.
“Arysta LifeScience has evolved into a high-performance company by maintaining its focus on identifying innovative products and formulations and ensuring that customers in our targeted growth markets have access to these products,” said Wayne Hewett, president and CEO, Arysta LifeScience Corporation in a prepared statement. “By combining our global strength with the capabilities of the FES Group distribution network and their strong presence with agro-holdings, we will be able to more effectively provide customers and distributors in Russia with an expanded selection of products and solutions.”
“The leadership and staff of the FES Group are very excited to be part of the Arysta LifeScience identity in the European region,” said Alexander Mikhaylov, CEO FES Group and owner of the remaining shares in the group of companies. “Our combined strength offers a very compelling proposition for Russian customers and distributors.”
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