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ETG acquires Nitrophoska in South Africa

ETG acquires Nitrophoska in South Africa

19 April 2024

ETG Inputs Holdco Limited (EIHL), a subsidiary of ETG, has acquired Nitrophoska, a well-established South African company with more than 50 years of expertise in delivering innovative agricultural solutions. The transaction fee was not disclosed.
 
Founded in the 1960s, Nitrophoska operates five strategically positioned blending plants across Malmesbury, Moorreesburg, Wolseley, Swellendam, and Rietpoel. These plants collectively offer a total blending capacity exceeding 1000 metric tons per day. Strategically located, they efficiently serve customers across the Western Cape in South Africa.
 
Ashish Lakhotia, CEO of EIHL commented: “Both EIHL and Nitrophoska share a common vision of creating a sustainable impact in the agricultural sector. EIHL's vision is to 'create a sustainable impact in the lives of farmers and spread 360° Happiness,' while Nitrophoska is committed to being the trusted, proudly South African partner of its customers. Both entities prioritize quality, service delivery, technology, and sustainable agronomic practices. We are excited to welcome Nitrophoska to our team and look forward to create positive impact in the lives of our farming communities.” Contact us for ETG’s press release.

AFRIQOM Market Reporter

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