Japan’s Mitsui & Co. Ltd. announced that it has reached an agreement to acquire a share of C&B Agri Enterprise Ltd. in Donegal, Ireland, a leading Irish biostimulants manufacturing company.
C&B Agri Enterprise produces and distributes biostimulant products made from natural seaweed and marine-derived amino-acid material. The company said its C-Bio CPS product, made from 100% pure Ascophyllum Nodosum and manufactured using a unique cold extraction process, has demonstrated excellent efficacy under all climates on a wide range of crops.
Through the partnership, Mitsui and C&B said they will jointly boost the overall growth strategy of C&B’s biostimulant products in Europe, the Americas, and Asia.