Together with its wholly owned subsidiary, Adama Agricultural Solutions Ltd., ADAMA manufacturers and retails herbicides, insecticides and fungicides. The company has research and development (R&D) and manufacturing facilities in various locations worldwide, with two main centers in Israel and China. It is traded on the Shenzhen Stock Exchange[3] and is headquartered in Ashdod, Israel. In 2017, Adama Agricultural Solutions Ltd. was acquired by Hubei Sanonda Co. Ltd., a Chinese agro-chemical producer and partially owned subsidiary of ChemChina.
Historyedit
Founders of Makhteshim
Agan was founded in 1949 as a cooperative, while Makhteshim was created in 1952.[4] In 1973, Agan and Makhteshim partnered to distribute their products and 24 years later merged to form Makhteshim Agan Industries Ltd.[5] In October 2011, ChemChina acquired a 60% stake in Makhteshim Agan,[3] delisting from the Tel Aviv Stock Exchange. In 2014, the company changed its name to Adama.[6]
In June 2017, the China Securities Regulatory Commission approved the acquisition of the remaining 40% of shares by ChemChina, making it the sole owner of the company through its Hubei Sandona Co. Ltd. subsidiary.[7] Since August 2017, ADAMA has traded on the Shenzhen Stock Exchange and in January 2018, was included in the Shenzhen-Hong Kong Stock Connect.[8]
Facilities at Neot Hovav
Sales and operationsedit
ADAMA sells its products in approximately 100 countries through 60 subsidiary companies around the world.[9] In 2019, ADAMA reported sales of $3.997 billion, EBITDA of $656 million, a net income of $208 million and operating income of $410 million.[10]
ADAMA has chemical synthesis production facilities in Israel, China and Brazil; formulation facilities in Israel, China,[11]India,[12]Europe, North America and South America; and R&D facilities in Israel,[13] China[14] and India.[12]
Referencesedit
^(PDF). Adama. Archived from the original (PDF) on 20 September 2019. Retrieved 20 September 2019.
^"ChemChina in Talks With State Funds on Syngenta's Pre-IPO - BNN Bloomberg". Bloomberg News. 2020-07-14. Retrieved 2020-12-04.
^ ab"ChemChina Signs Makhteshim Deal With Israel's Dankner". Bloomberg. Retrieved 20 September 2019.
^"Makhteshim Agan Industries Overview for Africa" (PDF).
^"ADAMA Delivers Record Fourth Quarter With Over $1 Billion In Sales, Touching $4 Billion Sales for the Year". Bloomberg.com. 2020-03-30. Retrieved 2020-12-04.
^"ADAMA To Begin Operations In China". Business Facilities. 19 December 2017. Retrieved 20 September 2019.
^ abBS, Reporter (August 25, 2015). "ADAMA India sets up a new formulations lab in Hyderabad". Business Standard. Retrieved 20 September 2019.
^Habib-Valdhorn, Shiri (9 January 2019). "Adama opens Negev R&D center". Globes. Retrieved 20 September 2019.
^"ADAMA's Global R&D Center Launches Operations in Nanjing". Cision. Retrieved 20 September 2019.
External linksedit
ADAMA website
December 20, 2023
adama, agricultural, solutions, adama, hebrew, אדמה, בע, chinese, 安道麦, formerly, known, makhteshim, agan, crop, protection, company, typepublictraded, asszse, 000553industryagribusinessfounded1945, years, 1945, headquartersashdod, israelkey, peoplesteve, hawki. ADAMA Ltd Hebrew אדמה בע מ Chinese 安道麦 formerly known as Makhteshim Agan is a crop protection company Adama Agricultural SolutionsTypePublicTraded asSZSE 000553IndustryAgribusinessFounded1945 78 years ago 1945 HeadquartersAshdod IsraelKey peopleSteve Hawkins President and CEO ProductsCrop protection herbicides insecticides fungicides plant growth regulators seed treatments food additives dietary supplements aroma productsRevenueUS 3 997 billion 2019 Operating incomeUS 410 million 2019 Net incomeUS 208 million 2019 OwnerChemChina 100 Number of employees6684 2018 1 ParentSyngenta 2 Websiteadama comAdama headquarters in Airport City Israel Contents 1 Overview 2 History 3 Sales and operations 4 References 5 External linksOverview editTogether with its wholly owned subsidiary Adama Agricultural Solutions Ltd ADAMA manufacturers and retails herbicides insecticides and fungicides The company has research and development R amp D and manufacturing facilities in various locations worldwide with two main centers in Israel and China It is traded on the Shenzhen Stock Exchange 3 and is headquartered in Ashdod Israel In 2017 Adama Agricultural Solutions Ltd was acquired by Hubei Sanonda Co Ltd a Chinese agro chemical producer and partially owned subsidiary of ChemChina History edit nbsp Founders of MakhteshimAgan was founded in 1949 as a cooperative while Makhteshim was created in 1952 4 In 1973 Agan and Makhteshim partnered to distribute their products and 24 years later merged to form Makhteshim Agan Industries Ltd 5 In October 2011 ChemChina acquired a 60 stake in Makhteshim Agan 3 delisting from the Tel Aviv Stock Exchange In 2014 the company changed its name to Adama 6 In June 2017 the China Securities Regulatory Commission approved the acquisition of the remaining 40 of shares by ChemChina making it the sole owner of the company through its Hubei Sandona Co Ltd subsidiary 7 Since August 2017 ADAMA has traded on the Shenzhen Stock Exchange and in January 2018 was included in the Shenzhen Hong Kong Stock Connect 8 nbsp Facilities at Neot HovavSales and operations editADAMA sells its products in approximately 100 countries through 60 subsidiary companies around the world 9 In 2019 ADAMA reported sales of 3 997 billion EBITDA of 656 million a net income of 208 million and operating income of 410 million 10 ADAMA has chemical synthesis production facilities in Israel China and Brazil formulation facilities in Israel China 11 India 12 Europe North America and South America and R amp D facilities in Israel 13 China 14 and India 12 References edit Adama Annual Report 2018 page 81 PDF Adama Archived from the original PDF on 20 September 2019 Retrieved 20 September 2019 ChemChina in Talks With State Funds on Syngenta s Pre IPO BNN Bloomberg Bloomberg News 2020 07 14 Retrieved 2020 12 04 a b ChemChina Signs Makhteshim Deal With Israel s Dankner Bloomberg Retrieved 20 September 2019 Makhteshim Agan Industries Overview for Africa PDF Makhteshim Agan acquires Slovak distributor Makteshim Agan changing name to Adama Haaretz Rabinovitch Ari Scheer Steven ed Adama says Chinese regulator approves merger with Sanonda U S Retrieved 2018 11 26 Adama trades shares on Shenzhen Hong Kong linked exchange Agrow Retrieved 2018 11 26 Adama Semi annual Report 2019 page 8 PDF Adama Retrieved 20 September 2019 ADAMA Delivers Record Fourth Quarter With Over 1 Billion In Sales Touching 4 Billion Sales for the Year Bloomberg com 2020 03 30 Retrieved 2020 12 04 ADAMA To Begin Operations In China Business Facilities 19 December 2017 Retrieved 20 September 2019 a b BS Reporter August 25 2015 ADAMA India sets up a new formulations lab in Hyderabad Business Standard Retrieved 20 September 2019 Habib Valdhorn Shiri 9 January 2019 Adama opens Negev R amp D center Globes Retrieved 20 September 2019 ADAMA s Global R amp D Center Launches Operations in Nanjing Cision Retrieved 20 September 2019 External links editADAMA website Retrieved from https en wikipedia org w index php title Adama Agricultural Solutions amp oldid 1181480832, wikipedia, wiki, book, books, library,
