American Vanguard’s Subsidiary AMVAC LATAM Strengthens Market Access in Latin America with Acquisition of Punto Verde

American Vanguard Corporation’s subsidiary, AMVAC LATAM, has recently completed the acquisition of Punto Verde, a well-established distributor in Guayaquil, Ecuador. This strategic move aims to enhance AMVAC LATAM’s product portfolio and market access in the Latin American region. AMVAC LATAM is a prominent player in the agricultural sector in Latin America and has emerged as a leader in the commercialization of crop protection products.

The acquisition of Punto Verde, which is the seventh largest agricultural market in Latin America, is seen as a significant step towards expanding American Vanguard’s presence in South America. While the transaction size is relatively small, adding approximately five percent to the total LATAM sales, it provides a valuable opportunity for market access through a well-managed distribution business.

Gerardo Suárez, general manager of AMVAC LATAM, expressed confidence in the acquisition, stating that Punto Verde aligns perfectly with AMVAC’s commitment to ethics, quality, service, and professionalism. The expertise and market knowledge of Punto Verde will serve as a strong foundation for AMVAC LATAM to increase its participation in Ecuador. Additionally, the acquisition will contribute to the growth of AMVAC LATAM’s Green Solutions business, particularly in the development of their portfolio of AMGREEN bio-rational solutions through Punto Verde. This deal further reinforces American Vanguard’s dedication to leaving a better world for future generations.

The official closing date for the transaction has been set for October 5, 2023. The terms of the acquisition have not been disclosed.

American Vanguard Corporation is a diversified specialty and agricultural products company that focuses on developing, manufacturing, and marketing solutions for crop protection and nutrition, turf and ornamentals management, and commercial and consumer pest control. With operations in 17 countries and over 1,000 product registrations in 56 nations worldwide, the company has established itself as a global leader in the industry.

For more information about American Vanguard, please visit their website at www.american-vanguard.com.

About Punto Verde:
Punto Verde is a leading provider of agricultural solutions in Ecuador. The company boasts a proactive and dynamic team, a successful commercial platform, and a well-consolidated Corporate Social Responsibility program. Punto Verde has also developed its own line of products and maintains strong relationships with key business partners in the agricultural market. Their business model is built on research and development, a committed professional team, and a commercial platform that prioritizes personalized attention and high-quality products.

For further inquiries, please contact Punto Verde at +(506) 2401-0700 or infolatam@amvac.com.