In the year 2000, Tradecorp became a part of the Sapec group, a family company established in 1926 in the chemical and mining sector. Tradecorp’s incorporation into the group gave it an even broader perspective, given the combination of the group’s entrepreneurial spirit and our experience and know-how in the agricultural sector.
The increase in investment that followed acquisition by the Sapec group marked a new stage in our development, since we reinforced our position in the market and we enjoyed a considerable expansion at an international level. This expansion brought with it a significant increase in sales, which grew by an average of 30% per annum.
By the end of this stage, Tradecorp was integrated in Sapec Agro Business, the division in Sapec Group that comprised crop nutrition and crop protection. Four pillars constitute the basis of Sapec Agro Business’ corporate strategy:
Service and proximity to the market are key elements of the company’s strategy. The Group is present around the world with affiliates, offices, plants and above all its experienced staff adapted to local markets.
In 2017, the international private equity investor, Bridgepoint, acquired Sapec Agro Business with the following objectives:
In September 2019, Sapec was renamed Rovensa, with the aim of creating a prestigious international brand in the agricultural industry. The group is now organized into three main business units: crop protection, crop nutrition and biocontrol. With offices, factories, research centres and laboratories in Brazil, France, Spain, Portugal and Ireland, Rovensa continuously develops a broad portfolio of innovative solutions for plant health & care.
All companies belonging to Rovensa share synergies and offer a catalogue of complementary products that have the same objective: Well Balanced Agriculture.
In 2020, Partners Group, the global private markets investment manager, acquired a major equity stake in Rovensa from Bridgepoint group. Following the investment, Partners Group will work closely with Rovensa’s management team on several key strategic initiatives, including the accelerated development of the company’s leading biological solutions portfolio, the continued internationalization of the company, and select further acquisitions to continue to build its capabilities. In addition, Partners Group plans to continue to support the company’s research and development culture, focusing on high-growth market niches.
Timelapse video showing the benefits of Humifirst / Humistar in root development.