Lonza acquires Zelam
The Swiss chemical company, Lonza (Basle), has acquired the New Zealand agrochemical company, Zelam (New Plymouth). Zelam develops and manufactures products for the crop protection and wood preservative sectors, with facilities in New Zealand, Australia and the US. Lonza sees the acquisition as an opportunity to expand its Agro Ingredients business by providing entry to new markets and products that are complementary to its Meta (metaldehyde) molluscide. It allows Lonza to utilise Zelam's business for registration and sales in other regions, particularly the US, EU and South America, Lonza's chief strategic officer, Sven Abend, points out. Lonza will also benefit from Zelam's unique formulated products and patented delivery systems, he adds. Zelam has been established for more than 25 years and has 45 employees.