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Florimond Desprez continues to expand internationally and strengthens its position in the Turkish market through the acquisition of Endotar
Sep. 5, 2018
Florimond Desprez
FranceFollow
France
September 4, Florimond Desprez has signed the 100% acquisition of ENDOTAR, which becomes a subsidiary of the Florimond Desprez group.
Located in Amasya in Turkey, ENDOTAR specializes in the production and marketing of sugar beet seeds for the Turkish market. The company signed contract with Florimond Desprez since 2015. This acquisition will be followed by additional investments to support the development of this new subsidiary.
For François Desprez, this external growth transaction confirms the group's desire to establish its position in Turkey. Florimond Desprez aims to become a major player in the sugar beet seed market. The group also wishes to rely on this new subsidiary to increase its presence in the cereals and potatoes markets, whose prospects for development are promising.
Editor's note: This article was originally published in French. This English summary has been prepared with Google Translate and edited for clarity.
Original article: Turquie : acquisition de la Société ENDOTAR.
Source: Florimond Desprez
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