Adufértil Fertilizantes, part of Indorama Corporation and a leading provider of agricultural crop nutrition solutions, marks a significant milestone with the signing of the definitive agreements for the acquisition of Fass Agro, a company widely recognized for its expertise in the liquid fertilizer market.
This strategic move will position Adufértil as a leading provider of liquid fertilizer solutions. By combining Adufértil’s and Fass Agro’s strengths, the company will unlock operational efficiencies, deepen technical expertise, and extend its customer reach.
Mr. Gustavo Zaitune, CEO of Adufértil Fertilizantes, stated: “The acquisition of Fass Agro is an important step that reinforces our presence in the regions where we operate and in crops that are already key to our business. It also expands our offering of sustainable, productivity-enhancing solutions for our clients.”
Mr. Amit Lohia, Vice Chairman of Indorama Corporation, said, “This acquisition will create a leading platform for liquid fertilizers for our farming community, in addition to our existing portfolio of solid blends to support their sustainable development goals and enhance their productivity.”
The transaction is subject to customary conditions, necessary statutory and regulatory approvals.