Agribio Group, a worldwide horticultural breeding, production and distribution company, announces the acquisition of Oro Farms, the leading company for the production of high quality cuttings. With this acquisition Agribio Group becomes a top 4 player on the North American vegetative market, where it is currently active under the Fides brand name.
With the ‘Oro Farms’ and ‘Fides’ labels, Agribio Group believes it offers a unique proposition to its expanding customer base. Oro Farms is a high standard and customer responsive production company. Fides is a young and dynamic breeding company.
Harry Kloppenburg, CEO of Agribio Group explains: “We seized this opportunity to acquire Oro Farms. Having Oro Farms and Fides North America active in this market is truly a matter of combining best of both worlds. Oro Farms will remain the reliable production company it is known for. We are excited that the current management team of Oro Farms stays on board. They bring great technical knowledge and experience. Fides will continue to build its position by being an innovative and reliable breeding partner, providing market value with high quality genetics.” Estuardo Arriaga, managing director of Oro Farms Guatemala, is very pleased with the new situation: “The management team of Oro Farms is happy to become a part of this internationally important breeding group. We feel confident to create a flourishing future together.”
Oro Farms
Oro Farms offers an extensive line of vegetative annual, perennial and foliage cuttings. Oro Farms licenses genetics from breeders throughout the world to provide high quality products. Through continuous research and customer feedback, Oro Farms demonstrates consistency, performance and reliability. Please also visit www.orofarms.com
Agribio Group / Fides
Fides is a breeding and propagation company, offering a wide range of products: Pelargonium, Dahlia, Osteospermum, Impatiens NG®, Multiflora, Petunia, Nemesia, Calibrachoa, Kalanchoe, decorative Kalanchoë (Calandiva®), Alstroemeria, Carnation, Lobelia, Scaevola and Bacopa. Fides is part of the Agribio Group, a global top 5 breeder in horticulture, offering their customers a wide range of products and varieties with superior quality in cuttings and services. Other members of the group are Spanish based Barberet & Blanc (Carnation) and Japan Agribio.
Source: Agribio Group / Fides
