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Albaugh Europe, a US maker of pesticides, uses iDeals™ Solutions service when acquiring agrochemical firm Pinus TKI (Rače)

April 30, 2015

Albaugh Europe recently acquired Pinus TKI, a Slovenian agrochemical company. Albaugh aims to invest and develop the production of pesticides and other agrochemical products. The acquisition appears to be a perfect match for Albaugh, which specialises in the production of glyphosate, a hugely popular pesticide, that accounts for the bulk of Pinus's sales. Albaugh is planning to set up its European production hub in Rače, some 10 km from the northeastern city of Maribor, Slovenia. Albaugh also plans to gradually increase its sales to EUR20mn.

iDeals™ Solution’s Virtual Data Room (iDeals™ VDR) was used by Albaugh Europe for its acquisition of Pinus TKI. An iDeals™ VDR provided Albaugh Europe with a high level of security and reliability for analyzing information and discussing the terms of the acquisition between the companies.

iDeals™ Solutions has been a provider of secure document management services to the investment, legal and life sciences sectors since 2008. Our flagship product is iDeals™ VDR, a next-generation application that is utilized by companies and leading advisors in over 30 countries around the world.

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