June 21, 2017
Jebagro Acquires Significant Stake in Panamanian Company Grupo Agrosol
Jebagro GmbH, Hamburg, Germany has acquired a significant stake in the Panamanian company, Grupo Agrosol.
Grupo Agrosol is based in Panama City. The company’s primary focus is to market crop protection and fertilizer products for the Central American markets, Colombia, Ecuador, Peru, and Chile.
Jebagro’s focus in this region is to develop and register agrochemical products. Jebagro has a strong pipeline of products under development. At the beginning of 2017, Jebagro purchased a significant number of registrations for this region.
The synergies between Jebagro and Grupo Agrosol will combine the market access of Grupo Agrosol and the portfolio of Jebagro.
According to Dr. Felix Thuerwaechter of Jebagro and Jens Schenck of Grupo Agrosol, this investment is a great opportunity to offer a wide range of products into Central America and the Andean countries.
With immediate effect Grupo Agrosol will be operating under the new company name Jebagro Panama S.A.