Israel's MA to acquire two companies in Poland and Serbia

Date:12-12-2008

Israel's MA Industries, the world's biggest producer of generic agrochemicals, said on Thursday it would acquire two companies, in Poland and Serbia, for a total of $20 million.

MA Industries said it agreed to buy 90 percent of Polish agrochemical company Rokita Agro from Germany's PCC. It will also buy Serbia's Magan Yu, a distributor of agrochemical products.