Lonza, the Swiss supplier of pharmaceutical, biotech and specialty ingredients has acquired New Zealand based Zelam a developer and manufacturer of crop protection and wood protection products. Sources: Business Standard,
The company specializes in fungicides, insecticides, herbicides, foliar nutrients and additives and has developed and manufactured products for wood protection with facilities based in New Plymouth (NZ) that include field research and timber facilities.
It also has facilities in Australia and the US.
“We see this acquisition as an excellent opportunity to further our growth strategy for agro ingredients by providing entry into new strategic markets and products that are complementary to our existing Meta business,” said Sven Abend, chief strategic officer for Lonza.
“Zelam’s unique formulated products and patented delivery systems will benefit both the agro ingredients and wood protection markets.”
Zelam is a developer and owner of patented chemistry and delivery technologies for pastoral crops and glueline treatment for engineered wood.
The company has 45 employees including a management and R&D team with researchers and formulation chemists, as well as sales and technical people with strong industry experience.