Deal Snapshot
Adama to Buy Remaining Stake in Greek Crop Protection Company Alfa
Friday 29 May 2020

Israel-based crop protection company Adama has agreed to buy the remaining 51% stake that it does not already own in Greek Crop Protection company Alfa, the companies said.

Alfa has served as Adama's representative in Greece for more than 30 years, and the companies have been strategic partners in the country since Adama's acquisition of a 49% stake in Alfa in 1993. Alfa, founded in 1983 by Vasileios Paisios, has grown to become one of the providers of crop protection, fertilisers and seeds to Greek farmers.

Date Published: 29/05/2020