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Italian Group Valagro acquires Sri Biotech

Italian Group Valagro, which operates in the production and commercialization of biostimulants and specialty nutrients, has completed the acquisition of Sri Biotech Laboratories India Limited. SriBio is an Indian company nationally recognised for its work in developing alternative organic and eco-sustainable solutions for plant nutrition and protection against disease and insect pest attacks on crops.

"This operation accomplishes an important step in the growth strategy of Valagro," stated Giuseppe Natale, Valagro Group CEO. "With SriBio, we gain access to new market segments, such as bio-control, and new technologies, such as fermentation, which allows us to develop new products, enhance existing ones and strengthen our role in the global context. Besides opening the doors to the Indian market, it will also provide us with a production and logistics platform for the whole of Asia, enabling us to expand our presence in a strategic geographical area for us.”

For more information:
Valagro
Marco Rosso
+39 334.6737943
m.rosso@valagro.com

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