Sell-Side B&A Corporate Advisors served as the exclusive sell-side advisor to Agro-K and its owners in its sale to Rovensa Next, the biosolutions business unit of Lisbon-based Rovensa. The engagement was led by Eric Bosveld, President of B&A Corporate Advisors.
Established in 1976 in Minneapolis, Agro-K has been at the forefront of sustainable agriculture through science-based development of an extensive portfolio of biostimulants and specialty crop nutrition products. The acquisition solidified Rovensa Next's foothold in the United States, a key strategic growth market, by bringing a high-quality portfolio of complementary solutions and a technical sales team fully dedicated to crop biostimulation. As the largest biosolutions market globally and the fastest growing biostimulants region, the US plays a crucial role in Rovensa Next's ambitious expansion strategy.
Agro-K owner/managers, Lohini and Chapman Mayo stated, “Agro-K selected B&A as its sell-side advisor because of their deep experience and knowledge within the specialty ag nutrition marketplace. There was no learning-curve with B&A. Eric knew Agro-K from day one - customers, suppliers, business model, etc. and was able to quickly understand Agro-K’s value points to package and present Agro-K to interested parties. B&A was a true partner from start to finish and skillfully guided Agro-K through the entire process. Eric understands that selling a family business is an emotional path to travel and to his credit he never put timing or other interests ahead of our family’s goals for Agro-K. Eric’s unparalleled dedication to the complexities of our deal process showed us the breadth of his middle market M&A knowledge and skill set. In hindsight, we could not have imagined entertaining this process without B&A by our side. We were extremely satisfied with our representation and the outcome."
