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Lonza buys acquires New Zealand-based agro ingredients firm Zelam

Acquisition of Zelam strengthens Lonza's agro ingredients and wood protection businesses

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BS B2B Bureau Basel, Switzerland
Lonza - the Swiss supplier of pharmaceutical, biotech and specialty ingredients - has acquired New Zealand-based Zelam - a developer and manufacturer for crop protection products, specialising in fungicides, insecticides, herbicides, foliar nutrients and additives. Zelam also develops and manufactures products for wood protection. Zelam has facilities based in New Plymouth (NZ) with field research and timber facilities nearby in New Zealand, as well as in Australia and the US.
 
“We see this acquisition as an excellent opportunity to further our growth strategy for agro ingredients by providing entry into new strategic markets and products that are complementary to our existing Meta business. Zelam’s unique formulated products and patented delivery systems will benefit both the Agro Ingredients and Wood Protection markets,” said Sven Abend, chief strategic officer for Lonza.
   
Zelam is a leading developer and owner of patented chemistry and delivery technologies for pastoral crops and glueline treatment of engineered wood. Zelam has 45 employees including a seasoned management team and experienced R&D team with highly skilled researchers and formulation chemists, as well as sales and technical people with strong industry experience.

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First Published: Aug 04 2015 | 1:01 PM IST

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