Oct. 1, 2020
The Belgian global crop protection company Globachem NV announced that it has increased its capital participation in the German plant protection product company PLANTAN GmbH. Globachem was already minority shareholder in PLANTAN since 2010.
The increase is possible because of the exit of the French agrochemical group Phyteurop. Part of this share is being acquired by Globachem’s holding company, while the other part is being acquired by PLANTAN’s founders, the Rübner family. Thus the Rübner family and Globachem’s holding company become the sole shareholders of PLANTAN. With this change, PLANTAN is the only 100% privately owned crop protection company in Germany of this size.
With this increased participation, Globachem continues its already fast-growing development and strengthens its long-term partnership with PLANTAN for the distribution of a large part of its wide product range in Germany and Austria.
Having the new shareholder structure, PLANTAN intends to strengthen its position in providing stable supply of high quality crop protection products to German and Austrian growers, with Globachem investing in the development of new and innovative solutions.
“This was a step written in the stars, confirming our confidence in each other and in the future of agriculture and crop protection”, Globachem co-founder Koen Quaghebeur and PLANTAN managing directors Lars and Stefan Rübner say.
Globachem is a family-owned business specializing in developing, registering and marketing a wide range of out of patent and innovative plant protection products on a global basis. In recent years, the investments in R&D were significantly increased. The acquisition of Globachem Discovery in 2019 is an example of these R&D efforts.
PLANTAN is a supplier of high-quality plant protection products in all arable and specialty crops in Germany and Austria, offering customized solutions and advice by testing each product intensively for its suitability at various test locations. This year PLANTAN invested in a new state-of-the-art warehouse, and in production facilities for microgranular fertilizers with multiple application possibilities, including on seed drilling machines.
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