German-based agricultural machinery manufacturer AMAZONE reported that it has acquired Brazilian fertilizer spreader specialist MP AGRO. AMAZONE, which employs more than 2,500 at nine production sites, called the deal a milestone as it signals its further internationalization and growth in South America. The deal is subject to official approval.
“We will be relying on the MP AGRO team by using both their expertise as well as their closeness to the local market, so that we at AMAZONE can bring our technology to Brazil,” said AMAZONE owners Christian Dreyer and Dr. Justus Dreyer.
They said under the proven leadership of Douglas Peccin, MP AGRO’s existing workforce will remain unchanged and the business will continue to operate as usual. AMAZONE said MP AGRO brings with it a young, highly motivated and dynamic team that focuses on fertilizer application and has in-depth market know-how in Brazil.
MP AGRO was founded in 2012 in Ibate in Sao Paulo State. AMAZONE is a fourth-generation family-owned business dating back over 140 years. Its ag machinery range includes soil tillage implements, seed drills, fertilizer spreaders, plant protection equipment, and hoes.