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Makhteshim Agan Benelux & Nordic Expands, Establishes Lithuania Subsidiary

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.

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