COMPO EXPERT enters strategic partnership with Indian fertilizer company Transworld Furtichem

30.07.2018

COMPO EXPERT GmbH (COMPO EXPERT), a leading manufacturer of specialty fertilizers for commercial use and portfolio company of the London-headquartered global private equity firm XIO Group, is entering a strategic partnership with Transworld Furtichem Pvt. Ltd. (Transworld Furtichem), a significant fertilizer manufacturer in India.

COMPO EXPERT Transworld Furtichem webThrough this comprehensive and future-oriented cooperation, Transworld Furtichem will become COMPO EXPERT’s partner for the brands NovaTec and Basfoliar in India. Both parties will closely work together in developing new technologies, localizing the production and jointly commercializing the highly efficient, environmentally friendly COMPO EXPERT fertilizer products.

The partnership will result in strong cooperation in technology development, localized production and commercialization for highly efficient and environmentally friendly fertilizers under the brands NovaTec and Basfoliar; COMPO EXPERT will gain extended access to the fast-growing Indian market; and, will result in efficient local production with improved ecological footprint

Transworld Furtichem has a strong position in the Indian fertilizer market and an extensive distribution network that will effectively expand COMPO EXPERT’s local reach. The joint product portfolio of cash crops and high value crops will meet the rising demands of Indian farmers in terms of crop yields and sustainability. Against this background, Transworld Furtichem will ensure local manufacturing by establishing a new production facility in Kandla, India.

“The demand for modern fertilizers among Indian farmers is growing. Our new partnership with COMPO EXPERT gives us the opportunity to utilize their innovative technology and strong production expertise,” says Yusuf Dhanani, president of Transworld Furtichem. “At the same time, COMPO EXPERT will benefit from our long-standing experience and presence in the Indian market. I am thus looking forward to a fruitful and longstanding partnership.”

COMPO EXPERT, Europe's leading manufacturer of special fertilizers, offers a broad portfolio of high-quality innovative fertilizers for commercial use. Over the past years, the company has significantly expanded its global footprint through targeted expansion and strategic partnerships in Latin and South America as well as in Asia. The new cooperation with Indian Transworld Furtichem encompasses two of the highly efficient and environmentally friendly quality fertilizer products: NovaTec, a stabilized water-soluble fertilizers brand, and Basfoliar, a foliar applied biostimulants.

More information:
www.compo-expert.com

 

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