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Stock impact report

American Vanguard Acquires Brazilian Agricultural Distributor

American Vanguard Corporation ($0.10 Par Value) (AVD) 
Last american vanguard corporation ($0.10 par value) earnings: 3/9 04:05 pm Check Earnings Report
Company Research Source: Business Wire
Well-established platform for expanded market access NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- American Vanguard Corporation (NYSE:AVD), today announced the acquisition of two affiliated Brazilian limited liability companies, Agrovant and Defensive. Founded in 2000, these combined businesses have become a rapidly growing supplier of crop protection products and micronutrients with annual sales of approximately $20 million and a primary focus on the fruit and vegetable market segments. Financial terms of this transaction are not being disclosed. Eric Wintemute, Chairman and CEO of American Vanguard commented, “Our acquisition of Agrovant and Defensive expands our access to the Brazilian agricultural sector, which at approximately $9 billion ranks as the largest crop protection market in the world. This distribution franchise located in the province of Sao Paulo consists of 35 full-time employees co Show less Read more
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