Univar Acquires Brazilian Agrochemical Formulator Tagma

Univar Inc (UNVR) said that its wholly owned subsidiary Univar Brasil Ltda has acquired the stock of Tagma Brasil Ltda (Tagma).

Tagma is a leading provider of custom formulation and packaging services for crop protection chemicals that include herbicides, insecticides, fungicides and surfactants. Tagma formulates more than 200 registered crop protection products and provides conception and preparation of new formulations; adaption of existing formulations; and technical assistance with processing and regulatory requirements.

“This acquisition expands Univar’s agriculture business in one of the world’s fastest-growing agricultural markets. Tagma’s formulation and packaging capabilities will enhance the value proposition for several of our key global supplier partners. Tagma’s strong culture of safety, integrity and quality will be an excellent complement to Univar’s already robust agricultural business in North America,” said Steve Newlin, Univar’s chairman and CEO.

“Joining Univar positions us well to be a more valuable, more relevant partner to existing and future global customers who are looking for supply chain solutions, and I am confident this will create opportunities and growth for our current employees,” said José Carlos Leite, president of Tagma.