The Service of the Commission for the Protection of Competition has received a notification of a concentration according to Section 10 (4) of the Control of Concentrations between Enterprises Law of 2014, concerning the acquisition by European Crops Products 2 S.A.R.L. of the enterprise Oro Agri, via the acquisition of the share capital of various companies.
European Crops Products 2 S.A.R.L. is a company duly registered according to the laws of the Luxemburg. The said company is the financial shareholder of Rovensa SA, which is the holding company of Rovensa group. Rovensa is a provider of diversified management solutions for crop life cycle. Its activities mainly concentrate on crop protection, bionutrition and biocontrol. Rovensa also offers some other services such as technical advice to customers.
The target in this concentration consist of various companies which constitute the Oro Agri enterprise. The said enterprise develops and produces products, under registered patters, with agricultural, household and industrial applications worldwide. Oro Agri is specialized in products which are safe for the user and the environment and which offer an effective solution to its clients.