Grupo Fertiberia acquires Trichodex to spearhead innovation in biotechnology
- The acquisition will enhance Grupo Fertiberia’s crop nutrition offer in biofertilisers and bio stimulants, adding microorganism-based advanced biocontrol solutions to their portfolio
- Fully decarbonating the product portfolio, combined with developing innovative, advanced solutions, enables the company to spearhead fertilisation of the future
Madrid (Spain), 12 July 2022 - Grupo Fertiberia, a Triton Fund V portfolio company, and a leader in the EU crop nutrition sector, is taking another step towards leading the sector with innovative solutions for crop nutrition, thanks to biotechnology. The company has just completed the acquisition of Trichodex, a tech-based company with headquarters in Seville, in a move that forms part of its strategy to expand in the development of high added-value biofertilisers and bio stimulants.
Founded in 1991, Trichodex has an R&D team that converts the research from their laboratories, into high-tech products. These are then developed in their state-of-the-art production plant in Dos Hermanas (Seville). This highly integrated business model has enabled it to offer sustainable solutions that meet the needs of farmers in various parts of the world. In addition to Spain, Trichodex markets its products in a dozen countries in Europe and Latin America. Its products are based on patented bioprocesses, through the selection of microorganisms that are optimal for producing bioactive components that improve the yield and protection of crops.
“Combining Trichodex’s biotechnology and Grupo Fertiberia’s innovative product development will provide farmers with cutting-edge sustainable tools to improve their crops,” Javier Goñi, president of the Grupo Fertiberia, noted. The acquisition enhances the company’s plant nutrition offering in terms of biofertilisers and bio stimulants and broadens its portfolio with microorganism-based advanced biocontrol solutions.
Triton invested in Grupo Fertiberia in 2020 to support management’s strategy of accelerating product innovation and invest in the company’s manufacturing processes to become more efficient and environmentally friendly. Now, Grupo Fertiberia is implementing the Net Zero plan to lead the way in the development of the European fertiliser market with a zero-carbon footprint thanks to the use of renewable sources in the production process. Together with the planned complete decarbonisation of its product portfolio, more than 50% of its sales now come from smart fertilisers that meet the nutritional needs of each crop, which it develops at the Agroenvironmental Technology Centre (ATC) of the University of Seville. “Our R&D capacity will now grow with the integration of Trichodex, which will be able to maximise the potential of its innovations at the heart of one of the largest European groups of the sector,” adds Javier Goñi.
The mass incorporation of renewable energies throughout all the production processes, together with the development of advanced solutions that result from innovation in biotechnology, will allow Grupo Fertiberia to spearhead the fertilisation sector of the future in Europe, offering farmers a range of products that provide maximum agronomic efficiency with minimal environmental impact.
About Grupo Fertiberia
With more than 1,600 employees and 13 industrial work sites spread across the Iberian Peninsula and France, Grupo Fertiberia is a leader in the plant nutrition sector in the EU, where it develops, produces and markets innovative agricultural solutions that raise the competitive standing of the agricultural sector and contribute to the ecological transition of an essential sector for the European economy. The Group is also one of the world’s leading companies in the ammonia market and produces environmental solutions for the industrial sector and other sectors. The company belongs to Triton Partners, which is driving its growth to make this Spanish company a leader in the fertilisation of the future. This will allow farmers to obtain greater yields with the highest level of environmental sustainability.
For more information: https://www.fertiberia.com/en/
Since its establishment in 1997, Triton has sponsored ten funds, focusing on businesses in the industrial tech, services, consumer, and healthcare sectors. Triton invests in and supports the positive development of medium-sized businesses headquartered in Europe.
Triton seeks to contribute to the building of better businesses for the longer term. Triton and its executives wish to be agents of positive change towards sustainable operational improvement and growth. The companies currently in Triton’s portfolio have combined sales of around EUR 18.1 billion and employ around 104,500 employees.
For further information: www.triton-partners.com