It was recently disclosed by a prominent crop protection firm that it has exercised its call option to purchase the remaining 40% ownership in ADAMA Chile, which was formerly known as Chile Agro. This comes after ADAMA made its first investment in Chile Agro back in 2013, at which point the Company purchased sixty percent of Chile Agro’s ownership.
ADAMA Chile is a company that specializes in the development, production, and commercialization of bio plant nutrition and agrochemical products in Chile. One of the products that the company offers is called ExpertGrow®, and it is a bio-stimulant with a triple mode of action that is used to increase yield in a number of different fruits, vegetables, and soybeans. ExpertGrow® is based on a one-of-a-kind fermentation process that was created by ADAMA. This process enhances the plant’s photosynthesis, which in turn reduces the amount of abiotic stress experienced by the plant while also enhancing fruit/pod retention and plant development.
In addition to being distributed across Latin America in countries such as Brazil, Colombia, Peru, Ecuador, and Paraguay, ExpertGrow® is also available in other significant markets, including Italy, France, Spain, China, and Thailand. In the years to come, it is anticipated that it will be implemented in a greater number of nations.
The worldwide market for biological crop protection is expanding at a rapid rate and is anticipated to reach $18.2 billion USD in the year 2026. ADAMA possesses a robust pipeline of solutions to provide to the Latin American market in the next years due to its formulation skills as well as additional leading biological products such as NUTRICHELATES® and LIGHUP®.
According to Carlos Danilowicz, Head of ADAMA’s Latin America Commercial Unit, “Biologicals constitute an essential element of ADAMA’s increasing sustainable portfolio.” [Citation needed] “Regarding consumer and regulatory settings, we observe an increasing interest from farmers in biological goods, particularly in fruit and vegetable crops that are developed for export. This is particularly true in the United States. Our foothold in this expanding market will be bolstered as a result of this further investment.”
Regarding ADAMA
Farmers all over the globe turn to ADAMA Ltd. for help in warding off weeds, insects, and diseases in their crops. ADAMA Ltd. is a world-renowned leader in crop protection. ADAMA possesses one of the most extensive and varied portfolios of active ingredients found anywhere in the world, in addition to highly advanced research and development, manufacturing, and formulation capabilities. ADAMA is in a truly unique position to offer a vast array of distinctive mixtures, formulations, and high-quality differentiated products as a result of its culture, which encourages its employees to listen to farmers and generate ideas while working in the field. This enables ADAMA to provide solutions that are tailored to the specific requirements of farmers and customers in over 100 countries around the world. Please visit our website at www.ADAMA.com and follow us on Twitter® at @ADAMAAgri for any more information.
Network Hype Team