The Hexagon Group, a Switzerland based holding company, announced on June 30 that it has acquired 100% of the shares of Aries Fertilizers Group. The move will give Hexagon a strong foothold in the Asia Pacific market.
Aries will retain its name and operate as a separate company within the Hexagon Group alongside Hexagon Trading AG. Pushkar Jamnerkar will remain Aries CEO and operate from Singapore.
Hexagon Trading, which has focused on marketing in Europe and the Americas, will be headed by Santiago Orol from the Group headquarters in Zurich, Switzerland.