- COSMOCEL is a leader in specialty biostimulants with a high value-added 
portfolio and a consolidated commercial footprint in North America, Latin 
America, Europe, Middle East, and South Africa.

- This strategic step transforms ROVENSA into global leader in BioSolutions for 
sustainable agriculture, with the broadest and best-balanced portfolio of high 
value bionutrition, biostimulant, biocontrol, bio-adjuvant, bio-soil enhancers, 
and bio-plant performance products based on innovative technologies.

- COSMOCEL will continue to operate as an independent company, led by the 
current management team, leveraging the capabilities of ROVENSA to accelerate 
the platform's internationalization and portfolio development through 
state-of-the-art innovation.
 
ROVENSA, a global leader of agricultural inputs for sustainable agriculture, 
today announces that it has agreed to integrate COSMOCEL, a leading player in 
specialty biostimulants and high-tech products for agriculture. The completion 
of the integration is subject to approval by the anti-trust authorities.
Based in Monterrey, Mexico, COSMOCEL is a market-leading developer, 
manufacturer, and distributor of specialty biostimulant solutions with over 60 
years of experience. COSMOCEL's portfolio of over 100 products spans 
biostimulants, biocontrol and adjuvants.

COSMOCEL has more than 700 employees, 3 state of the art manufacturing 
facilities, 11 offices and 26 warehouses to serve its customers in more than 50 
countries across North America, Latin America, Europe, Middle East and South 
Africa. It has a strong and long-established market reach through commercial 
teams and strategic partnerships, as well as a highly experienced R&D team.

This strategic integration positions ROVENSA as global leader in BioSolutions 
for sustainable agriculture and it is squarely aligned with its strategy to 
provide distributors and farmers with innovative solutions to increase land 
productivity and output profitability, whilst enabling farming in a sustainable 
and responsible way to protect and preserve the environment for future 
generations.

COSMOCEL complements ROVENSA's geographical footprint, bringing exposure to new 
geographies and enhanced access to strategic markets in the Americas. It also 
brings sizeable and versatile production capabilities in Mexico, additional R&D 
competences, and material product synergies. COSMOCEL and ROVENSA share a 
similar business culture and go-to-market approach, a critical cornerstone to 
achieve continued commercial growth and value creation in partnership with 
distributors and farmers.

Eric van Innis, ROVENSA´s CEO stated: "We are thrilled to welcome COSMOCEL to 
the group to strengthen our global presence as a reference provider of 
well-balanced solutions for agriculture. This strategic integration highlights 
our growth ambitions in the BioSolutions international market and our strong 
commitment to sustainable agriculture. The high quality and complementary range 
of biostimulants and bio-performance products of COSMOCEL, their culture, their 
market approach, the quality and commitment of their people and management, and 
their production capacities will give us a unique position to offer the best 
nature-based solutions for our distributors and farmers, leveraging on our 
global scale and capabilities. We are determined to have a strong impact in 
sustainable agriculture that should be both productive and regenerative, in 
harmony with nature, making crops more resilient to climate change, and 
ultimately feed the world guarantying equity and health".

The Management of Cosmocel added: "We strongly believe that this integration 
will be highly beneficial to COSMOCEL and everyone that belongs to the 
organisation. Since the very beginning of our discussions, ROVENSA always 
demonstrated a clear commitment and willingness to preserve our culture and 
people, which will undoubtedly allow us to, together with other ROVENSA 
businesses, keep on pursuing a path to contribute to a better and more 
sustainable agriculture."

Rovensa was advised by J.P. Morgan, Uría Menéndez, Dunham Trimmer, PwC, Marsh 
and ERM. Cosmocel was advised by Seale & Associates, Santamarina + Steta, EY, 
and ERM.

The financial terms of the transaction are not disclosed.

About Rovensa
Rovensa is a global leader in bionutrition, biocontrol and crop protection 
solutions for sustainable agriculture, helping farmers to produce safe, healthy 
and nutritious food for all. Supporting our mission of contributing to feed the 
planet, our more than 2,000 employees across over 30 countries, strive every 
day to lead the change in food production systems through science-led 
innovation in agriculture, aiming to preserve and enhance soil, environmental, 
and human health.

With sales in over 80 countries worldwide, Rovensa offers a complementary 
portfolio of environmentally friendly and innovative solutions for plant health 
& care. From our more than 30 R&D Experimental Centers and Laboratories across 
the world and with over 800 field support professionals, we are working closely 
with farmers to help them producing more with fewer natural resources.

With the integration of Cosmocel, Rovensa´s revenues exceed EUR 650m.

For more information, go to www.rovensa.com.

Source: Rovensa