Arysta LifeScience Corp. completed its previously announced acquisition of Grupo Bioquímico Mexicano, S.A. de C.V. (GBM), a Mexican manufacturer and marketer of inputs for the fruit and vegetable market. The purchase includes GBM and its subsidiaries, affiliated real estate and employee service companies, as well as its formulation and manufacturing facilities in Ramos Arizpe, Coahuila, Mexico.
“GBM has focused on innovative high-value products in the growing horticulture market segment,” says Chris Richards, president and CEO, Arysta LifeScience. “By combining the global strength of Arysta LifeScience with GBM’s outstanding product line and marketing expertise, growers in Mexico, Central and South America and other targeted regions around the world will have access to new, innovative products and services that will help them manage their businesses more effectively. This acquisition is an important step in the development of the Arysta LifeScience global business in horticulture, which is one of our key focus markets.”
Both companies have agreed not to disclose the financial details of the transaction.
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