Adama (company)
| ADAMA Agricultural Solutions Ltd.
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|---|---|
 |
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| legal form | Ltd. |
| founding | 1945 |
| Seat | Airport City Tel Aviv , Israel
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| management | Chen Lichtenstein ( CEO ) |
| Number of employees | 4,791 (2014) |
| sales | 3,221,000,000 US dollars (2014) |
| Branch | chemistry |
| Website | www.adama.com |
Adama , Makhteshim Agan or MA Industries until 2014 , is an Israeli chemical company that primarily manufactures and sells crop protection products. Headquartered it has in the industrial area Airport City near the Ben Gurion Airport of Tel Aviv . Adama was created in 1997 through the merger of the forerunners Makhteshim and Agan . The company was listed in the TA-100 Index on the Tel Aviv Stock Exchange until the takeover by ChemChina , after which the share was removed from the stock exchange.
Adama is one of the 20 largest industrial companies in Israel and the seventh largest agrochemical company in the world. The company's global market share in the agrochemicals sector is around 5%, and it is the global market leader in the field of generic pesticides , i.e. the manufacture of products whose patent protection has expired. Adama is represented in around one hundred countries around the world and at the end of 2014 employed 4,791 people worldwide. Production facilities are located in Israel, Brazil, Colombia, Greece, Spain and Poland. The Cologne-based company ADAMA Deutschland GmbH, founded in 1983 as Feinchemie Schwebda (FCS), has been a full subsidiary of Adama since 2002.
On October 17, 2011, it was announced that China National Agrochemical Corporation had bought 60% of Makhteshim Agan's shares. China National Agrochemical Corporation is a subsidiary of ChemChina . The remaining 40% are owned by the investment holding Koor Industries , in which the Israeli Israel Discount Bank holds significant shares.
In 2014 Adama took over parts of the business of its parent company.
In 2016 ChemChina also took over the remaining 40% of the shares from Israel Discount Bank.
Chemical plant in Ramat Chovav
ADAMA headquarters in Airport City near Tel Aviv
Logo until 2014
Individual evidence
- ↑ a b c d Adama 2014 Annual Report English
- ↑ ChemChina: Organization ( Memento from May 30, 2014 in the Internet Archive )
- ↑ Our history ADAMA Deutschland GmbH . In: www.adama.com . Retrieved September 25, 2015.
- ^ The Jerusalem Post: Makhteshim Agan, ChemChina complete record $ 2.4b. merger , October 17, 2011
- ↑ China Agrochemical Industry Network (CCPIA): Adama to Acquire Control of China National Agrochemical Corporation's Chinese Businesses October 9, 2014
- ↑ ChemChina to acquire the remaining 40% stake of Adama , July 19, 2016