Makhteshim Agan Benelux & Nordic Expands, Establishes Lithuania Subsidiary Move will improve customer service in fast-growing Baltic market

TEL AVIV, Israel and LEUSDEN, Netherlands, July 3, 2013 /PRNewswire/ --

The Makhteshim Agan Group (MAI), a global leader in crop protection solutions together with its 55% owned subsidiary Makhteshim-Agan Benelux & Nordic B.V. (MABENO B.V.) today announced the establishment of a wholly owned subsidiary in Vilnius, Lithuania called UAB Makhteshim-Agan Benelux & Nordic (UAB MABENO).  This subsidiary will provide MABENO with direct commercial access to the Lithuanian market and closer proximity to the needs of farmers in that region.

Han Rupert, CEO of MABENO B.V., commented, "Our newly enlarged team will allow MABENO to better serve our customers, and gain market share. We are excited about the combination of a group of professionals with strong knowledge of the local market together with MABENO's portfolio of solutions. By strengthening our footprint, we are maintaining our focus on providing customers with a variety of comprehensive, innovative solutions that will simplify their working lives."  

Executive new appointments include Erika Povilioniené as CEO of UAB MABENO, Vaidotas Donyla as Business Support Baltics and Ilze Priekule as Technical Manager Baltics. These professionals together with the existing team will ensure outstanding support in the market.

Erika Povilioniené graduated with a MSc at the Agricultural University in Kaunas Lithuania, and has 15 years of practical experience in the crop protection industry including positions in agricultural distribution.

"We foresee significant opportunities in the Baltic crop protection market and are excited to position ourselves as a leading player which will enable us to advance our growth in the market," Erika Povilioniené said. "The establishment of this new company and our professional team gives us strengthened capabilities and opportunities going forward."

About Makhteshim Agan

Makhteshim Agan Industries Ltd. is a leading manufacturer and distributor worldwide of crop protection solutions and the largest off-patent player in the industry.

The Company supplies efficient solutions to farmers that assist them in combating disease and increasing yields. In 2012, the Company's revenues were over $2.83 billion, and it is ranked seventh in the world in the overall agro-chemicals industry. The Company is characterized by its know-how, high-level technological-chemical abilities, expertise in product registration, and observance of strict standards of environmental protection, stringent quality control and global marketing and distribution channels.

Makhteshim Agan Group sells its crop protection products in over 120 countries and together with its strategically located global manufacturing and distribution facilities delivers simplicity in agriculture around the globe.

http://www.ma-industries.com

About Makhteshim-Agan Benelux & Nordic (Mabeno)

Mabeno established in 2005 as the local representative of Makhteshim Agan Industries is responsible for development, registration, sales and marketing of a broad and growing range of crop protection products. This fast growing company is successfully operating in the market of the Benelux, Scandinavia, Baltics and Belarus.

Contact:
Anna Wood
Communications Specialist
Email: IR@ma-industries.com
Telephone: +972-73-232-1131

SOURCE Makhteshim Agan Industries Ltd




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