Sipcam Oxon SpA, a leading agricultural technology provider, today announced the acquisition of the assets of Grosafe Chemicals Ltd, New Zealand, through its newly formed subsidiary Sipcam New Zealand Ltd.
"We are delighted to welcome Grosafe Chemicals to the Sipcam Oxon family," stated Nadia Gagliardini, President of Sipcam Oxon SpA. "For nearly three decades, Grosafe has consistently delivered exceptional value-added solutions to New Zealand's agricultural community. This strong alignment with our core values and commitment to innovation makes this acquisition a natural fit. We are excited to collaborate with the talented team in New Zealand, led by Mr. David MacGibbon, who will assume the role of Chief Executive."
Paolo Brogi, Chief Executive Officer of Sipcam Oxon SpA, added, "This acquisition marks a significant milestone in our group's global expansion strategy. By strengthening our presence in the Asia Pacific region, we aim to better serve our existing clients and explore new opportunities. We look forward to leveraging the combined strengths of Sipcam New Zealand and Sipcam Oxon to develop a comprehensive product portfolio that addresses the evolving needs of our customers."
David MacGibbon, the newly appointed Chief Executive of Sipcam New Zealand, expressed his enthusiasm for the future, stating, "Our enduring success is rooted in the strong partnerships we have forged with our valued customers. We are excited to build upon these relationships and introduce innovative solutions that will further support farmers in achieving optimal crop yields. With Sipcam New Zealand, we embark on a new chapter, committed to delivering exceptional value and contributing to the sustainable growth of New Zealand's agricultural sector.