LAINCO doubles its revenue in three years

Date:01-17-2024

LAINCO, a leader in the development, production and commercialization of agrochemicals and biosolutions for crops, and pharmaceuticals products in Spain and 42 countries around the world, celebrates its most successful year-end closure in history by announcing a significant increase in its revenue. Over the last three years, revenue has surged from 35 million to 66 million euros, with the agricultural division representing 85% of the company. 

This remarkable achievement not only underscores LAINCO's ongoing commitment to excellence in product quality, innovation in agricultural solutions development, and customer satisfaction but also solidifies the company's position in the Spanish agricultural market. LAINCO has stood out for offering products that address the evolving needs of farmers and actively promoting sustainable agricultural practices. With a highly qualified human team formed by more than 160 individuals, continually growing, LAINCO has acquired a new office located 5 km away of the headquarters in Rubí. This success is attributed to various strategies implemented by LAINCO, including:

Continuous Innovation: LAINCO has maintained a consistent focus on research and development, introducing new products and solutions that effectively address current agricultural challenges. Aligned with this aspect, the company has recruited a Chief Innovation Offcer (CIO) to continue to invest in the future. 

Commitment to Sustainability: The company has emphasized its commitment to agricultural sustainability by offering products that encourage environmentally friendly practices and comply with environmental regulations.

Collaboration with the Agricultural Community: LAINCO has strengthened its connection with the agricultural community by collaborating closely with farmers and providing them with personalized solutions that maximize crop yields.

Considering these encouraging results, Jordi Ballesta, Managing Director of LAINCO, expressed his satisfaction and gratitude to the entire LAINCO team, as well as to valuable customers and collaborators. "This achievement is the result of hard work, dedication, and the continued trust of our customers. We take pride in reaching this milestone and are committed to continuing to provide high-quality products and innovative solutions for the agricultural sector."

LAINCO anticipates a promising future, continuing its mission to contribute to the success of agriculture in Spain and beyond. The company looks forward to facing challenges and seizing opportunities in the agricultural landscape in the coming years. Additionally, in 2024, LAINCO celebrates its 90th anniversary and has set an ambitious strategic plan to achieve a revenue of 100 million euros by 2028.

ABOUT LAINCO

LAINCO is a chemical company that researches, develops, manufactures, packages, and commercializes solutions for agriculture and pharmaceutical products. Aware of the needs of today and the future, LAINCO has established itself as one of the research, development, and marketing centers with the longest track record, always committed to the development of innovative products, thanks to its commitment to human talent and sustainability. The quality of its products, its commitment to customer satisfaction and service, and its international projection make it a widely recognized and valued company within the agricultural sector.