Arysta acquires Russian agchem distributor
Arysta LifeScience has acquired a majority stake in Russian agrochemical distributor FES Group (Stavropol). The transaction was approved by the Russian Federation Federal Antimonopoly Service towards the end of January. FES holds a leadership position in the agrochemical business in Russia and more particularly in central and southern Russia, the companies say. “By combining our global strength with the capabilities of the FES Group distribution network and its strong presence with agro-holdings, we will be able to more effectively provide customers and distributors in Russia with an expanded selection of products and solutions,” says Arysta president and CEO Wayne Hewett.