American Vanguard acquires biological inputs company Agrino

American Vanguard Corporation announced on Monday (19) that its main subsidiary AMVAC Chemical Corporation acquired the Agrinos group of companies, a private technology company providing biological inputs for crops. Agrinos is a fully integrated biological input supplier with proprietary technology, in-house manufacturing and global distribution capabilities. The company's high-yield technology product platform works in conjunction with other crop nutritional inputs to increase crop productivity, improve soil health and reduce the environmental footprint of traditional agricultural practices.

Eric Wintemute, President and CEO of American Vanguard commented, "American Vanguard is committed to increasing agricultural productivity by providing farmers with products and application systems that facilitate productivity improvements, cost savings and environmental sustainability. In addition to our position as leadership in crop protection, we aim to expand our global participation in bionutritional inputs that contribute to improved soil health. The acquisition of Agrinos is an important step towards achieving this strategic objective."

"We are very happy to be able to add to AMVAC do Brasil the team and portfolio of Agrinos Brasil, which has differentiated solutions recognized by Brazilian producers", declares Thomas Britze, CEO of AMVAC Brasil. Agrinos Brasil has three products: VitaComplex; AminoVita and HYT C MaisRaiz.

Mr. Wintemute continued: "The Agrinos portfolio will complement our Greenplants liquid nutrition products, which have seen successful growth in the Central American market. Furthermore, these biostimulant products are perfectly adapted for use in our SIMPAS delivery system." In independent field trials conducted over the last 8 years, Agrinos technology has provided yield increases of 5 to 10% in corn, soybean, wheat, rice and cotton applications, and 10 to 17% in many high-quality products. value in crops of almonds, peanuts, tomatoes, melons and grapes"

Mr. Wintemute concluded, "Agrinos' intellectual property includes approximately 50 issued and nearly 100 pending patents worldwide. Agrinos has two manufacturing facilities, a state-of-the-art microbial feed manufacturing facility located in Oregon, capable of customizing high-quality strains and a high-yield factory of high-quality biostimulants using naturally-origin raw materials located in Mexico. In short, Agrinos' biological platform will enhance our overall ability to provide comprehensive crop protection and nutritional solutions for international producers."