Jul. 27, 2018
Actagro and Anagra, a Mitsui majority owned company, have signed a distribution and development agreement to promote and expand Actagro’s product portfolio in Chile and Peru. The partnership strengthens Actagro’s growing footprint, bringing the company’s innovative plant and soil health solutions to a region heavily focused on high-production agriculture.
“Actagro is very pleased to continue to implement its global expansion strategy for its soil and plant health technology solutions in both Chile and Peru,” said Kent Lambden, vice president of global business development & strategy at Actagro. “We are very happy to enter into an agreement with a company such as Anagra, who has been a long-term market leader in bringing value added products to its agricultural customers in Chile, who also offers us an entrance into the attractive and growing Peruvian market with their recent investment in Equilibria Peru S.A.”
Products that can offer crops improved nutrient efficiency, maximized water-holding capacities or reduce nutrient loss are in high demand globally.
“We have grown our specialty business significantly over the past several years, and the Actagro portfolio of technologies fits our strategy to continue to expand in this these high value segments,” said Luis Hernan Cruz, CEO of Anagra.