Mr Zhai Jidong, Chief Operating Officer of Kingenta: “The Ekompany acquistion has a strategic long term fit within Kingenta: expansion worldwide and at the same time Ekompany has a good technology fit within the Group. R&D will be strengthened in Europe at Ekompany to suit the long term strategy of Kingenta and Ekompany.”
Mr. Eric van Kaathoven: “The delay in the construction of the new factory caused problems for the company, eventually resulting in bankruptcy on October 23, 2015. Kingenta was looking for an opportunity to enter the European market and reported to Ekompany with no knowledge of the bankruptcy. Ekompany products are a solid addition to the product range of Kingenta and vice versa. The aim is to restart operations as soon as possible and to strengthen customer relationships.”
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