Sipcam Oxon SpA, Phyteurop SA, a number one supplier of agricultural expertise, has introduced the acquisition of all distribution belongings of Phyteurop SA, a French firm, via its newly created subsidiary Sipcam France, SA. Monetary phrases of the transaction weren’t disclosed.
Phyteurop, based in 1973 and headquartered in Paris, France, is a part of the InVivo cooperative group. Sipcam France intends to keep up a robust partnership with InVivo to make sure continued entry to a variety of options for French agriculture, together with conventional and modern agrochemicals, fertilizers, biorational merchandise and biostimulants. The acquisition excludes Phyteurop’s formulation plant in Montreuil-Bellay.
“We’re very happy with this acquisition,” he mentioned. Nadia PennantsPresident of Sipcam Oxon SpA. “Over the previous 50 years, Phyteurop has cultivated a diversified buyer base within the largest European agrochemical market, distinguishing itself with its fame for providing conventional options to farmers. The mixing of Sipcam France into our world platform represents an essential strategic milestone for our firm. We’re happy to welcome the 23 new staff becoming a member of Sipcam France, together with the Mr. Fabrice Buetwho can be appointed Common Supervisor.”
Paul BrogiCEO of Sipcam Oxon SpA, Sipcam France Oxon commented: “This acquisition marks a major step ahead in our group’s technique. Sipcam France will strengthen our European presence, in the end benefiting each present and new clients. We stay up for collaborating with the proficient staff at Sipcam France to develop a good stronger future product portfolio for our buyer base. Our partnership with the InVivo group opens an thrilling new chapter for Sipcam France, marked by progress and innovation. This collaboration aligns completely with our dedication to delivering distinctive worth to our clients. We’re delighted to leverage the extra sources, capabilities and scale of the Sipcam Oxon group to reinforce our service providing.”
Fabrice Buetappointed Managing Director of Sipcam France SA, concluded: “With the Sipcam France staff, we’re embarking on a brand new journey with the goal of additional contributing to supporting French farmers with modern options for his or her crops.”
