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ISRAELI CROP PROTECTION GIANT MAKHTESHIM AGAN EXPANDS TO MEXICO AND KOREA

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Thursday, January 13th, 2011

Makhteshim Agan, the world’s seventh largest agrochemicals maker, recently bought a 51% stake in South Korea’s JK Inc., and is also buying 100% of Mexico’s Ingeniera Industrial S.A. de C.V. (Bravo AG).

Bravo AG, established in 1951, is a manufacturer and distributor of copper-based pesticides, a green crop protection method used in organic agriculture. JK Inc. has sales offices throughout Korea and over 1,000 retailers carrying its product line, in addition to a local formulation facility.