Indorama Holdings Brasil Ltda (IHBL) has completed the acquisition of Adfert (Adfert Aditivos Industria e Comercio Ltda), a specialty fertilizers and crop nutrition company.
Adfert, based in Uberlândia, Minas Gerais, is a pioneer and one of the largest manufacturers of special fertilizer additives and crop nutrition solutions in the Brazilian market. Founded in 2009, Adfert has built a portfolio of high technology and patent protected products for supply to fertilizer producers and agri distributors.
IHBL, through its wholly owned subsidiary, Adufértil Fertilizantes Ltda, operates one of the top six granular NPK distributors in Brazil, based in Jundiaí, Sao Paulo. IHBL fully concluded the acquisition of ADF in Sep 2021, which marked the entry of Indorama into Brazil’s fast growing agricultural market.
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