Rovensa Group, Madrid, Spain, a global player in agricultural inputs for sustainable agriculture, announced the acquisition of US-based Agro-K, a family-owned biostimulants developer.
Founded in 1976 in Minneapolis, Agro-K has been a pioneer in the development of biostimulants and specialty nutritional products for horticultural and field crops. Agro-K, which has an extensive portfolio of products, will be integrated over time into Rovensa Next, the business unit dedicated to Rovensa’s biosolutions for agriculture.
“We are extremely pleased to welcome Agro-K into Rovensa,” said Javier Calleja, Rovensa CEO. “This acquisition is an important strategic step towards achieving our ambition of becoming the leading biosolutions player in the US, marketing a full spectrum of solutions nationwide.”
“Both businesses are highly complementary and share a common go-to-market approach, the vision of an increasingly sustainable agriculture and the concern for people and society at large, which will contribute towards a swift integration and a successful joint value creation journey,” Calleja said.