Becker Underwood
announced today that it has acquired 100% of
Nitral Urbana,
Brazil’s largest producer and supplier of rhizobium
inoculants. Previously, Nitral Urbana was a joint venture
between Becker Underwood and Sr. João Jurandir. “The
transaction is very positive for Becker Underwood and the
Jurandir family,” commented Roger C. Underwood, Becker
Underwood’s Chief Executive Officer. “Nitral Urbana is an
excellent business and much of the credit for its success
goes to our long time partner, Sr. Jurandir. We are pleased
to have the Jurandir’s support for this transaction and for
them to remain a part of the ongoing operations.“
This transaction advances
Becker Underwood’s objectives of internal growth, strategic
acquisitions, leading edge research, and global market
expansion. Becker Underwood has increased in size and market
penetration for 23 consecutive years as it grows into one of
the world’s largest non-pesticide specialty chemical
companies in agriculture, seed treatment, turf and landscape
markets.
José Alberto Nunes da
Silva has been appointed as the new President of Nitral
Urbana. Mr. Silva has an extensive background of leadership
in Brazilian agricultural companies. “I look forward to my
new role, working with an excellent staff and wonderful
customers,” said Silva.
Greg Waibel, South
America Manager for Becker Underwood, reports that Becker
Underwood’s investment in South America will continue. “This
deal strongly affirms our commitment to our South American
operations, complementing our businesses in Argentina and
Chile,” stated Waibel.
Customers and Nitral
Urbana employees will benefit from new product and
technology introductions, and additional Becker Underwood
investment in the company and its operations. The company
will continue to operate in Brazil under the Nitral Urbana
name from its present location.
Globally headquartered in
Ames, Iowa USA, Becker Underwood employs 305 employees, with
facilities located in Ames, Iowa; Caldwell, Idaho; St.
Joseph, Mo.; Saskatoon, Canada; Littlehampton, UK; Pinhais,
Brazil; Toulouse, France; Buenos Aires, Argentina; Santiago,
Chile, Nelson, New Zealand and Somersby, Australia.
Becker Underwood’s diverse line of products is sold in 55
countries. The company’s multiple product categories
include: seed inoculants, colorants and coatings for seeds,
landscape mulch coatings, golf course specialty chemicals
and bio-pesticides.