SARATOGA SPRINGS — Kersia announces the signing of an exclusive agreement for acquiring a majority stake in AgroChem to pursue development in the U.S.
A global leader in food safety, International group Kersia continues its international expansion acquiring majority stake in U.S.-based dairy hygiene specialist AgroChem beside the DeMarco family who remain minority shareholder. With this important milestone, Kersia becomes a significant player in the U.S. dairy farm hygiene market further reinforcing and diversifying its U.S. operations.
AgroChem, Inc. is a family-owned and operated manufacturing company located in Saratoga Springs that specializes in supplying efficient products and solutions for hygiene challenges. AgroChem has experienced solid growth since its creation in 2005 and is now a leading U.S. dairy farm hygiene player.
The combined group will count on the solid experience of Robert DeMarco, the current AgroChem President who will continue to lead the company and to drive the development in the market while creating value for current and future customers.
“We are excited to join Kersia in this new partnership to strengthen and develop our presence in the U.S. food safety market. With Kersia by our side, AgroChem will fortify its market-leading position in the U.S. dairy industry and pursue related markets where our combined products and technologies will impact food safety from farm to fork. Internationally, we are better positioned to grow key products in countries where Kersia is well established,” said DeMarco. “We will continue to foster innovation, develop our employees, and encourage the entrepreneurial spirit that has been key to our success. I have always felt that our goals and values are closely aligned and look forward to working with Sébastien Bossard [CEO of Kersia] and the Kersia team.”
Already present in the food industry hygiene sector, this strategic acquisition allows Kersia to strengthen its presence in the U.S. farm market with a range of multi-species hygiene solutions. These complementary technologies, expertise, and human resources will enable Kersia to accelerate its international development and position itself to seize new market and acquisition opportunities in North America.