With the acquisition of Agro-K, Rovensa generated revenues of over €800 million

Rovensa Group, a leader in sustainable agricultural inputs, has announced the acquisition of Agro-K, a leading US developer of biostimulants. Agro-K will be gradually integrated into Rovensa Next, the agricultural biological solutions business unit of the Rovensa Group

Rovensa develops, manufactures and distributes innovative products for sustainable agriculture. With more than 3,000 employees worldwide and more than 45 research and development centers and laboratories, the company serves growers in 90 countries with innovative technologies to protect and improve soil, the environment and human health. Its products help to promote the quality of agricultural products and the efficiency of resource use in agricultural production.

Founded in 1976 in Minneapolis, USA, Agro-K has been at the forefront of sustainable agriculture through the scientific development of a wide range of biostimulants and specialty fertilizer products. This acquisition enables Rovensa Next to position itself in the United States, an important strategic growth market, to provide the market with high quality complementary biostimulants and its sales team. According to the company, the United States, the world's largest market for biological solutions and the fastest growing region for biostimulants, plays a key role in Rovensa Next's expansion strategy.

Javier Calleja, CEO of Rovensa, said: "We are very pleased to have Agro-K join Rovensa. "This acquisition is an important part of our strategic journey to become the leading bioproducts company in the United States and will bring complete solutions across the country." The two companies are highly complementary, have the same approach to market and share the same vision for sustainable agricultural development, which will facilitate rapid integration and co-creation of value."

Chapman Mayo, President of Agro-K, added: "We are confident that the new products, technologies, R&D capabilities and global expertise brought by Rovensa will enable Agro-K to better serve its customer base and strengthen Agro-K's position in the field of biological solutions." 

It is reported that after the acquisition of Agro-K, Rovensa’s revenue exceeds 800 million euros.