Biolchim S.p.A., leader in sector of specialty fertilizers, has strengthened its position on the market through important acquisitions over the last years.
The growth path started in 2008 under the guide of Mr. Leonardo Valenti (CEO), and with the investment fund Wisequity, leading to the acquisition of CIFO in 2014. CIFO is a prestigious brand for professional agriculture, and the benchmark in Italy for Home & Garden, with widespread brand awareness and unrivalled territory coverage on the market.
In line with its growth strategy by vertical integration, the Biolchim-Cifo Group acquired in 2015 West Coast Marine Bio Processing, a Canadian manufacturer of kelp extracts which operates the entire production process on-site at its facilities on the Vancouver Island.
In 2016 the Group acquired a majority stake of 70% in Matécsa Kft., one of the largest potting soil producers in Hungary. Matécsa operates a mine for the extraction of peat, which can also serve as source of humic and fulvic acids for the formulation of biostimulants.
Earlier this year, the Biolchim-Cifo Group signed an agreement to purchase 60% of Ilsa S.p.A., a solid Italian company producing and selling organic and organo-mineral fertilizers, biostimulants and products with specific action.
Through this transaction, the two companies created one of the world’s most important industrial groups in the specialty fertilizer and biostimulant industry with 8 manufacturing plants, 8 business branches, and approximately 300 employees operating in 80 countries. Together, the companies can manufacture all the main raw materials required for biostimulant production (protein hydrolysates, plant extracts, humic and fulvic acids, derivatives of algae, etc.) as well as a wide range of finished products with both high technological content and high quality standard.
We continue our path towards the strengthening of our Group in the markets through the industrial and technological development and the vertical integration that were completed by this transaction,” said Mr. Valenti. “We found a great similarity with Ilsa as to the R&D strategic approach that both companies have carried out over the last ten years, so we are sure that our union will speed up the time-to-market processes as to the new products and the new technologies”.
More information at www.biolchim.it