Ames, Iowa
March 8, 2004
Bio-Care brings 50 years of
innovation, research and product development in rhizobium
inoculants and the biological control of diseases and pests for
agricultural and horticultural applications
Becker Underwood, Inc.,
Ames, Iowa, USA, a world leader in biotech specialties,
biopesticides, seed enhancements, turf and landscape products,
announces the acquisition of
Bio-Care Technology Pty
Limited of Australia. Bio-Care is a leading Australian
biotechnology business whose products are used as seed
inoculants and bio-pesticides in agricultural and horticultural
applications.
“The addition
of Bio-Care further extends Becker Underwood’s position as the
world’s largest non-pesticide seed enhancement company,” said
Roger Underwood, CEO. “The focus of our global and technological
expansion is to provide customers with the latest in biotech
products offering long-term, environmentally beneficial
solutions for crops.” Underwood added, “This acquisition is
another step in our plan to lead with a global presence in each
of our markets and provide local support to our customers
worldwide.”
“We’ve been
looking for opportunities to establish a leading presence in
Australia for some time,” said Peter Innes, President of Becker
Underwood. “Bio-Care is highly respected in the biotechnology
industry. Bringing together the two companies provides an
exciting opportunity to remain at the forefront of the R&D,
formulation and manufacturing of environmentally-friendly
microorganisms that maximize yield and protect plants from pests
and disease,” Innes said.
Leading
Bio-Care products include: Nodulaid™ and Nitrogerm™, inoculants
for legumes; BioCane™, biological pest control for sugarcane;
BioGreen™, biological pest control for turf and pastures; NOGALL
™, fungal and disease control for fruit trees; and other
bacterial or fungal agents used as bio-fertilizers,
bio-pesticides or crop protectants.
Gary Bullard,
founder and Managing Director of Bio-Care, said, “Combining
Bio-Care with Becker Underwood’s global presence and vast
research capabilities will benefit our new and existing
customers with a much broader product line.” Bullard will
continue as Managing Director of Bio-Care, along with 23 other
staff.
Richard
Waterworth, formerly the General Manager of Nufarm’s specialty
distribution company NuTurf, has been hired as Managing Director
of Becker Underwood Australia, the parent company of Bio-Care.
Waterworth will lead Becker Underwood’s business development
effort in Australia, New Zealand, and Asia, executing its plan
for investment and acquisition throughout the region.
“The
management and logistics are in place to greatly expand Becker
Underwood’s entire product line into the Australasian market,”
said Waterworth. “Both Bio-Care and Becker Underwood are ISO
9001 certified, owning significant product technologies and a
growing market presence globally. I am proud to join with Gary
Bullard and the Becker Underwood team”
“This
acquisition gives Becker Underwood a commanding business
presence in Australasia and expands our biological product line
with leading products for agricultural and horticultural
applications”, said Underwood. Bio-Care is the sixth acquisition
in 16 months for Becker Underwood, a fast-growing company with
manufacturing facilities in five countries on four continents.
Headquartered in Ames, Iowa, USA, Becker Underwood was
established in 1982 by Roger Underwood and Jeff Becker. Since
its founding, the company has experienced tremendous growth in
sales and profitability throughout its 22 year history.
Underwood projects consolidated sales for 2004 to reach
approximately $75 million. Becker Underwood employs 256
employees globally, with additional facilities located in
Caldwell, Idaho, and St. Joseph, Missouri, USA; Saskatoon,
Saskatchewan, Canada; Littlehampton, UK; Pinhais, Brazil;
Toulouse, France; Buenos Aires, Argentina; and now Somersby,
Australia. Becker Underwood’s seed enhancement, agricultural and
horticultural products are sold in 85 countries, through crop or
specialty distributors. |