Featured

Chemicals group Omnia has announced the purchase of Oro Agri Opportunities, a producer of agricultural biological products. The deal is worth $100-million and is expected to be concluded in the next two months, as it needs approval from regulators and the Reserve Bank.

Omnia to buy Oro AgroOro Agri develops non-toxic and ecologically safe crop protection products, liquid fertilisers and soil conditioners for large-scale agriculture and also smaller pasture, lawn and garden applications. Omnia’s agricultural biologicals and water soluble nutrient businesses have a global footprint, and the company has production, research and development facilities in the US, Brazil and South Africa.

According to Omnia, the purchase of Oro Agri will add new products to the company’s offering and will expand the geographical reach of its agricultural biologicals business, placing it on an accelerated growth path. Omnia will also acquire 52% of the ordinary shares of Oro Agri South Africa not owned by the parent company. Oro Agri and Oro Agri South Africa will become subsidiaries of Omnia.

Adriaan de Lange, Managing Director of the Omnia Group, says the transaction is in line with Omnia's strategy and the next step in the evolution of the company's Nutriology concept of “the science of growing”. “In line with the … ‘green revolution’ in the global agriculture sector, the demand for agriculture biological products is underpinned by the increasing emphasis on nutrient and water-use efficiency, coupled with the rising demand for products that are environmentally friendly, enhance crop performance and improve yields,” he adds.

“We are looking forward to joining Omnia and creating new opportunities to develop the business internationally. Omnia is recognised as an international player in the AgriBio market, with the agriculture division the market leader in plant nutrition products in South Africa and Southern Africa. We are excited to be a part of the group's future growth both locally and internationally,” says Erroll Pullen, chairperson and CEO of Oro Agri.

“Omnia will have access to Oro Agri's global network through its operations in Brazil, Europe, South Africa and the US, with early developments in Asia Pacific. We will leverage the synergies between the two companies to maximise the sales potential in these key markets. Omnia's intellectual property portfolio and product registration process will be enhanced by the global experience and knowledge of the Oro Agri team in the various regions,” de Lange concludes.

Image credit: http://www.omnia.co.za/our-business/group-management

Magazines

African Fusion

AfricanFusionAfrican Fusion, the official publication of the Southern African Institute of Welding (SAIW), aims to provide up-to-date insight into welding technology and the welding industry.

Capital Equipment News

Capital Equipment News is dedicated to the application of equipment and modes of transport that are used in the mining, construction, quarrying, and transport industries.

Construction World

ConstructionWorldConstruction World was first published in 1982 and has grown to become a leader in its field, offering a unique mix of editorial coverage to satisfy the diverse needs of its readers.

Electricity + Control

ElectricityandControlE + C publishes innovative, technical articles that provide solutions to engineering challenges in measurement, automation, control, and energy management.

Lighting in Design

LightingandDesignLighting in Design is a glossy, upmarket publication aimed at lighting professionals. It is the only B2B magazine in SA that is dedicated solely to the subject of lighting.

MechChem Africa

MechChemJanuary2017cover MechChem Africa supports African engineering and technical managers across the full spectrum of chemical and mechanical disciplines.

Modern Mining

ModernMiningEstablished in 2005, Modern Mining is one of SA's leading monthly mining magazines, noted for the quality and accuracy of its writing and the breadth of its coverage.

Modern Quarrying

ModernQuarryingModern Quarrying is firmly entrenched as a leading industry-specific magazine. It focuses on promoting the science and practice of quarrying and processing in southern Africa.

Sparks Electrical News

SparksElectricalNewsReadable and informative, Sparks Electrical News is the newspaper for those involved in installing and maintaining electrical supplies and equipment.

 
Full Name*
Invalid Input

Company Name*
Invalid Input

Your Email*
Invalid Input

Phone*
Invalid Input

Postal Address 1*
Invalid Input

Postal Address 2*
Invalid Input

Postal Code*
Invalid Input

Street Address 1
Invalid Input

Street Address 2
Invalid Input

Postal Code
Invalid Input

Town / City*
Invalid Input

Country*
Invalid Input

Magazine

Invalid Input

Invalid Input