Incotec Acquisition Cultivating profitable growth Innovation you can build on™
Acquisition snapshot Incotec is an independent world leader of innovative seed enhancement technologies, headquartered in Enkhuizen, The Netherlands • Croda has agreed to acquire Incotec Group BV for €155 million (£109 million) • Incotec turnover for the year ended 30 September 2015 was €71 million* (+15% CAGR 2007-2015) • Incotec will retain its independent and strong brand to operate as part of Croda’s Crop Care business • Acquisition will be 100% debt financed Innovation you can build on™ * unaudited
Who is Incotec? Incotec is an independent world leader of innovative seed enhancement technologies, headquartered in Enkhuizen, The Netherlands Market leader in high value-added vegetable seed enhancement Emerging global platform in field crops Innovation you can build on™
Where is Incotec? Headquartered in The Netherlands, since becoming a standalone business in 1989, Incotec has a truly global footprint and is present in all critical geographic locations Innovation you can build on™
What does Incotec do? Optimised efficacy of applied Optimising performance actives and additives for disease traits and pest control and/or growth promotion Prim imin ing Fil Film c coatin ing Maximising stress tolerance & growth potential Optimised handling, plantability, shelf life, Upgrad Upg ading aesthetics Encr En crusting & & Pelle lleti ting Fast, uniform, complete germination & emergence Applicat ation n Dis isin infectio ion of f ac actives & & Anal nalytical and and additives addi Information for optimal R&D s &D services on-site cultivation Guaranteed free of diseases / pathogens Innovation you can build on™ Seed eed r rel elated Environmen ent r related ed
Trends driving seed enhancement Growing population, declining Increasing regulatory Yield optimisation availability of arable land pressure Seed enhancement is a niche, high value, fast growing sector of the market Precision Farming Sustainability Innovation you can build on™
Croda and Incotec, a powerful combination Cultivating profitable growth by: Utilising Croda’s global infrastructure Combining our extensive R&D and formulation Cultivating profitable expertise Enhancing customer intimacy Combining Croda’s Field Crop relationships with Incotec’s Vegetable Seed leadership growth Investing in untapped growth opportunities Sharing best practice Innovation you can build on™
Recommend
More recommend