Kumiai Chemical Industry Co Ltd has become a shareholder in Certis Europe, Mitsui & Co’s crop protection business in Europe. Certis Europe has enjoyed a close partnership with Kumiai for many years and Certis is pleased to welcome its long established supplier to the company, alongside existing shareholders Nippon Soda and Chemtura. Kumiai is an R & D chemical company working to create new and unique crop protection products that meet farmers’ and growers’ needs and which contribute to global food production. Its European office is based in Brussels and the company has taken a 5% share in Certis Europe. Certis has been responsible for the development and commercialisation of Kumiai’s mepanipyrim (Frupica / Japica) and benthiavalicarb (Valbon) for various European markets. The new shareholding represents an important step towards further collaboration in Europe. Certis CEO, Bob Skillicorn, hails the move as a significant step in the corporate growth strategy. “We welcome our new partner and look forward to working together closely to realise our mutual goals in Europe.” Kumiai also welcomed the move:“Our investment in Certis will expand our product and service offering in the European crop protection market. We look forward to developing our business with Certis in this exciting new partnership.” |