French Crop Protection Firm Acquires Fine Holdings Ltd.
The De Sangosse group has acquired Fine Holdings Ltd. and its wholly-owned subsidiaries, Fine Agrochemicals Ltd. and Fine Americas Inc., strengthening its strategy of international development.
Fine specializes in the development and marketing of plant growth regulators (PGRs) targeted primarily in the niche fruit and ornamental sectors. The acquisition represents a new strategic core business area for De Sangosse.
“This acquisition strengthens our leading position in specialty markets at the world level,” says Nicolas Fillon, CEO of the De Sangosse group who adds, “Fine, with its 150 registrations and its presence in more than 40 countries will allow us to accelerate the international development of the group’s business.”
From Fine’s perspective, the group will benefit from the additional resources of De Sangosse to pursue and increase the pace of new product development, support its brands and strengthen its partnerships in the numerous countries where it is present.
According to Julian Ward, Fine’s managing director, the purchase is an opportunity to strengthen and accelerate the development of new projects and benefit from De Sangosse’s resources. “We do indeed share the same philosophy, the selective approach to the markets and the integration of the product development chain including research, formulation, registration and marketing.”