n n n ‘. concat(e. i18n. t(“search. voice. recognition_retry”),’n
Yara and Agribios
Yara agronomist and farmer
Sharing agronomic knowledge
Soil testing in the field
Mónica Andrés Enríquez
Oslo, December 13, 2023: Yara today announced the acquisition of Agbios Italiana’s biofertilizer business, the company’s second complementary acquisition that supports its biologics strategy in Europe. This is a testament to Yara’s commitment to further expand its offering in this sector to complement its mineral fertilisers to help promote regenerative agriculture and soil health.
By combining Agribios’ expertise in organic fertilisers in Italy with Yara’s track record and presence in Europe, we can continue to meet the conversion desires of European farmers, regardless of their cultivation method. The acquisition will also allow Yara to continue to play its role in assisting in achieving the European Union’s (EU) ambition to increase EU farmland committed to organic farming.
“We are very pleased to welcome Agribios to the Yara family,” said Monica Andres Enriquez, Yara’s Executive Vice President for Europe. “Soil suitability is the foundation for resilient agricultural production and sustainable agriculture. This acquisition reflects our commitment to preserving and enhancing the suitability of the soil, helping to build a food future that respects nature. By expanding our existing crop nutrition portfolio in Italy, we can continue to help farmers make each and every nutrient count.
Balanced crop nutrition, together with good agricultural practices and digital tools, is crucial for the regeneration of our soils. An analysis of more than a hundred long-term fertilizer trials shows that fertilized land has a higher soil organic matter content than unfertilized land. Using organic sources of nutrients, in addition to mineral sources, results in the highest content of soil organic matter. Therefore, this acquisition will enable Yara to maximize the synergies between organic-based and mineral fertilizers, which is integral to our regenerative agriculture offering. Used in combination, organic and mineral nutrients enhance soil health, improve resource use, increase nutrient use efficiency, and boost crops’ resistance to climate change.
“We’re excited to join forces with Yara,” said Giovanni Ravagnan, CEO of Agribios Italiana. “This is a pivotal moment for Agribios as we bring our expertise in organic-based fertilizers to the European stage. We eagerly anticipate embarking on this new adventure, marking the beginning of another phase of development in the year of our 50th anniversary. The new challenge ahead is to support both organic and conventional farmers across Europe, providing them with products that enhance the quality of their crops and soils.”
Agribios has a broad portfolio of biological fertilizers produced from animal and agricultural by-products, contributing to the circular economy and reducing environmental impact. Its products can be used in both organic and traditional farming. With a volume of around 60,000 tonnes produced in 2022, Agribios has a market share of around 10% of the organic fertiliser market in Italy. With the acquisition of Agribios, Yara will find a strong presence in Italy, Europe’s second-largest organic fertilizer market. Agribios’ strong position in the market, combined with our strong advertising presence, will enable Yara to increase its sales in the organic fertilizer market in Italy and neighboring countries by approximately 30% over the next 3 years.
Yara will also be able to offer Agribios’ products to customers outside Italy thanks to its well-established sales and distribution platform in Europe. In addition to Italy, Yara already sells organic-based fertilizers in many European countries, including France, Spain and Germany as well as in the Nordic and Baltic regions. The organic fertilizer market in Europe, which is playing a role in promoting sustainable agriculture and contributing to the EU’s strategic autonomy, is expected to grow at a compounded annual growth rate (CAGR) of 11.53% from 2023 to 2030, according to global market research firm Kings Research.
Yara acquired Ecolan, a Finnish manufacturer of bio-based fertilizers, in 2021. We will continue to explore tactics to grow our biofertilizer business so that we can offer European farmers responses tailored to local situations, such as crops, raw materials. , resources and climatic situations vary by country.
Media contactVibeke LarøiMobile: +47 942 85 337Email: [email protected]
About YaraYara is expanding its wisdom to responsibly feed the world and the planet. Supporting our vision of a world without hunger and a respectable planet, we pursue a strategy of sustainable price growth, selling climate-friendly crop nutrition and zero-emission energy solutions. Yara’s ambition is to create long-term food that respects nature, creates prices for our customers, shareholders and society as a whole, and provides a more sustainable food price chain.
To achieve our ambition, we have taken the lead in developing digital farming tools for precision farming and work closely with partners throughout the food value chain to improve the efficiency and sustainability of food production. Through our focus on clean ammonia production, we aim to enable the hydrogen economy, driving a green transition of shipping, fertilizer production and other energy intensive industries.
Founded in 1905 to solve the emerging famine in Europe, Yara has earned an exclusive position as the industry’s global crop nutrition company. We operate with a built-in business style with approximately 17,000 workers and operations in more than 60 countries, with a proven track record of strong returns. . In 2022, Yara reported profits of 24 billion dólares. www. yara. com
Since 1973, Agribios Italiana has been developing and producing biological and organomineral fertilizers for organic and traditional agriculture, combining quality and innovation with a solid vision of respect for the environment and sustainability. The company’s biological fertilizer business has 25 employees. In our factory located in Canneto sull’Oglio (Mantua) we manufacture products that are advertised both in Italy and abroad. We meticulously control the chain of origin, from the variety and processing of raw materials to packaging and distribution. history that has led the company to become a reliable and ambitious major player, which each and every farmer can rely on. We offer highly effective answers that are the result of extensive studies and development. Our comprehensive and up-to-date diversity complements those pinturas. de our customers, improving the functionality of the agricultural activity with the greatest respect for quality, resources and the environment.
Attachments
Yara agronomist and farmer
Sharing agronomic insights
Soil Testing in the Field
Mónica Andrés Enríquez
Yara and Agribios