Becker Underwood Acquires South African Biorational Company
Becker Underwood has acquired South Africa-based Biological Control Products Ltd., a move expected to add near-term growth and diversity to Becker 's portfolio.
October 14, 2010
Becker Underwood has acquired Biological Control Products (Pty) Ltd (BCP). BCP is a leading company in Africa for solid-state fermentation of fungal products. The terms of the transaction were not disclosed.
“The addition of BCP gives us manufacturing capability for a wide range of fungal products, a sales office for promotion of existing Becker Underwood products, and a new range of biorational products that we can now take to the rest of Africa and to our other global businesses,” says Peter Innes, CEO of Becker Underwood.
The acquisition now extends Becker Underwood’s global reach to 12 locations in nine countries over five continents.
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“BCP is uniquely positioned to help Becker Underwood capitalize on a fast growing segment of agriculture that is seeking solutions for managing residues,” notes Fernando Lopez, in charge of global strategic marketing at Becker Underwood. “In addition, this acquisition helps us better meet the strong demand of growers to utilize biorational tools, alongside conventional chemicals in integrated spray programs.”
“We are excited about the value that a global organization such as Becker Underwood can unlock for promising biorational products,” says BCP’s CEO Ken Neethling. “We are pleased to be joining a company that has already shown its commitment to the industry with an established portfolio of biorational products and extensive research-and-development capabilities. We believe there is a good fit in company cultures and a shared passion for growth.”
The acquisition will be seamless for BCP’s existing customers, as the company’s full line of products — including Broadband bioinsecticide, Green Muscle bioacricide for locust control, Trichoplus biofungicide and PL Gold bionematicide — will continue to be available through its existing distribution channels.