BRANDT acquired majority interest in Brazilian company
Date:07-09-2015
BRANDT, a leading manufacturer of agricultural specialty products, has acquired a majority interest in Target Brasil Fertilizantes Ltda. through its Brazilian subsidiary. Target Brasil manufactures, distributes and sells specialty Ag products throughout Brazil. This acquisition gives BRANDT its first international manufacturing facility.
With an office in Londrina, Parana State and manufacturing in Olimpia, Sao Paulo State, Target Brasil produces more than 40 fertilizers, seed treatments and other specialty products. The company will continue to manufacture and distribute its full line of specialty agriculture inputs. Later this year, the company will begin to manufacture BRANDT’s line of advanced, high-performance foliar micronutrient products—BRANDT Smart Trio® and BRANDT Manni-Plex®—for distribution throughout Brazil.
The Target Brasil company name will be changed to BRANDT do Brasil; the company will work closely with BRANDT’s Specialty Formulations group under the direction of EVP Bill Engel.