COMPO EXPERT Enters Strategic Partnership in China with Leading Chinese Fertilizer Company Xinyangfeng
Münster, Germany (ots/PRNewswire) -
Comprehensive cooperation in terms of technology development,
localized production and commercialization
COMPO EXPERT GmbH (COMPO EXPERT), a leading manufacturer of
specialty fertilizers for commercial use and portfolio company of the
London-headquartered global private equity firm XIO Group, is
entering a strategic partnership for the brands Blaukorn® and
NovaTec® with Hubei Xinyangfeng Fertilizer Co., Ltd (Xinyangfeng), a
leading fertilizer manufacturer in the People's Republic of China. In
the future, the two companies will engage in close and comprehensive
cooperation in technology development, localized production and joint
commercialization of highly efficient, environmentally friendly
fertilizers for the growing Chinese market.
Comprehensive cooperation in terms of technology development,
localized production and commercialization
COMPO EXPERT GmbH (COMPO EXPERT), a leading manufacturer of
specialty fertilizers for commercial use and portfolio company of the
London-headquartered global private equity firm XIO Group, is
entering a strategic partnership for the brands Blaukorn® and
NovaTec® with Hubei Xinyangfeng Fertilizer Co., Ltd (Xinyangfeng), a
leading fertilizer manufacturer in the People's Republic of China. In
the future, the two companies will engage in close and comprehensive
cooperation in technology development, localized production and joint
commercialization of highly efficient, environmentally friendly
fertilizers for the growing Chinese market.
- Comprehensive cooperation in terms of technology development,
localized production and commercialization for highly efficient and
environmentally friendly fertilizers under the brands Blaukorn® and
NovaTec®
- Strengthening product series of nutrients for cash crops and high
value crops that deliver considerable benefits for Chinese farmers
- COMPO EXPERT with significantly extended access to growing Chinese
market
- Efficient local production with improved ecological footprint
- COMPO EXPERT CEO Thomas H. Ahrens: "This strategic partnership is a
key milestone in the consistent implementation of our global growth
strategy."
- Xinyangfeng President Bin Huang: "Xinyangfeng's decades of
experience and our extensive distribution network in China are
perfectly complemented by the great technology and production
expertise of COMPO EXPERT."
Thomas H. Ahrens, the CEO of COMPO EXPERT said: "China is a key
building block on our way to become the leading manufacturer of
specialty fertilizer for commercial use worldwide. Xinyangfeng is an
outstanding fit for us as a strategic partner and the partnership
agreement we signed today is a key milestone in the consistent
implementation of our global growth strategy. I am firmly convinced
that our cooperation will be a success and will create value for both
companies as well as Chinese agriculture as a whole."
Through the cooperation, Xinyangfeng will become COMPO EXPERT's
exclusive partner for the brands Blaukorn® and NovaTec® in China.
With its extensive nation-wide distribution network through 30 sales
offices and approximately 4,100 wholesalers and 60,000 retailers,
Xinyangfeng has a very strong position in the Chinese fertilizer
market, which will benefit COMPO EXPERT. Both companies will offer a
product series of nutrients for cash crops and high value crops that
localized production and commercialization for highly efficient and
environmentally friendly fertilizers under the brands Blaukorn® and
NovaTec®
- Strengthening product series of nutrients for cash crops and high
value crops that deliver considerable benefits for Chinese farmers
- COMPO EXPERT with significantly extended access to growing Chinese
market
- Efficient local production with improved ecological footprint
- COMPO EXPERT CEO Thomas H. Ahrens: "This strategic partnership is a
key milestone in the consistent implementation of our global growth
strategy."
- Xinyangfeng President Bin Huang: "Xinyangfeng's decades of
experience and our extensive distribution network in China are
perfectly complemented by the great technology and production
expertise of COMPO EXPERT."
Thomas H. Ahrens, the CEO of COMPO EXPERT said: "China is a key
building block on our way to become the leading manufacturer of
specialty fertilizer for commercial use worldwide. Xinyangfeng is an
outstanding fit for us as a strategic partner and the partnership
agreement we signed today is a key milestone in the consistent
implementation of our global growth strategy. I am firmly convinced
that our cooperation will be a success and will create value for both
companies as well as Chinese agriculture as a whole."
Through the cooperation, Xinyangfeng will become COMPO EXPERT's
exclusive partner for the brands Blaukorn® and NovaTec® in China.
With its extensive nation-wide distribution network through 30 sales
offices and approximately 4,100 wholesalers and 60,000 retailers,
Xinyangfeng has a very strong position in the Chinese fertilizer
market, which will benefit COMPO EXPERT. Both companies will offer a
product series of nutrients for cash crops and high value crops that