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Makhteshim-Agan: At a glance
Background
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1945 - Agan Chemical Manufacturers, an herbicide maker and distributor, founded near Jerusalem (later relocated to Tel Aviv)
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1952 - Makhteshim Chemical Works, an insecticide and fungicide maker and distributor founded in the Negev
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1970's - Agan moved to new plant facilities near the port of Ashdod.
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1970's - Agan and Makhteshim entered into partnership for distribution of their products worldwide
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1997 - Makhteshim and Agan merged to form Maktheshim Agan Industries
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1998 - Makhteshim Agan listed for trading on TASE
Milestones
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1970’s - Developed its core expertise in the synthesis of chemicals in the production of off-patent crop protection products for the local Israeli market; diversified and expanded its portfolio
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1980’s - Focused on familiarizing itself with the regulatory obstacles and considerations surrounding off-patent formulae in a wide variety of global markets, with an eye on increasing its international presence
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1990’s - Identified Latin America as a potential exciting market for off-patent crop protection products and swiftly moved in to establish a strong presence through manufacturing and distribution, purchasing a number of strategic local companies in these fields
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2000 - Launched a vigorous, internal cross-enterprise re-organization project in response to difficult market conditions in Latin America; vastly improved efficiencies, refocused product lines and opened new and modern production facilities (Ramat Hovav, Israel)
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2001-2003 - Purchased strategic products, licenses and distribution rights for its portfolio (from Bayer, Aventis and Syngenta) and bought local distribution companies (like the German Feinchemie Shwebda) to strengthen its impact in the European markets
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2004 - Expanded its presence in the US and Australia through the purchase of Farm Saver Group, that deals with licensing, import and marketing of crop protection products in America; acquired controlling shares of the US-based Control Solutions, which specializes in providing non-crop solutions, and of RiceCo; and purchased Farmoz, the fourth largest crop protection company in Australia
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2005 - Deepened its activities in many European markets (Hungary, Holland, Belgium, Luxembourg, Denmark, Norway, Sweden and Finland) through the purchase of controlling shares of several respected local crop protection distributors
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2006 - M&A activities in the US, Italy and the Czech Republic with the intention of expanding the Group’s standing in the Non-crop sector
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Makhteshim Agan Group offers the largest variety of proven branded off-patent crop protection products available in the global marketplace. We are proud to have highly effective products that meet the stringent environmental standards in all major crop growing areas of the world.
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