Sumitomo Chemical and Isagro Join Forces in the Italian Crop Protection Market
Isagro Group, after the recent acquisitions of the agrochemical branches of Caffaro (Italy) and RPG LifeScience (India), has significantly increased its size with an annual consolidated sales turnover of 150 million USD, selling its products in more than 60 countries around the world.
Isagro Italia, the new 50:50 joint venture between Isagro Group and Sumitomo Chemical, and its wholly owned subsidiary Siapa S.r.l, operate in the commercialization and distribution of plant protection products in Italy with a share of over 15% of the Italian agrochemical business.
The mission of Isagro Italia, focused on the private channel, will be to handle the distribution interests in Italy on a long-term basis for the two partners as well as to consolidate its role of reliable distributor of qualified third parties’ products. On a complementary basis, Siapa will confirm its role as strategic supplier of a large range of products for the Consorzi Agrari which are its exclusive customers. This alliance between Isagro and Sumitomo Chemical will allow the two companies to better develop their position in the important Italian agrochemical market.
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