Specialization of the European Agricultural Materials Business Through the Acquisition of A2A
First written in FY2018-Q3. 2 of 3 entries say "Advanced", first in FY2018. Latest entry: FY2019-Q2.
3 other companies' latest entry also says "Advanced".
- FY2019-Q2AdvancedAnnual report
「On 2 October 2017, the Company acquired 65.5% of the shares of A2A, which owns agricultural materials subsidiaries in Spain, and held 70% of its shares including its existing interest, making it a consolidated subsidiary. Provisional accounting treatment had been applied to this business combination in the previous consolidated fiscal year, but was finalized during the second quarter of the current consolidated fiscal year.」
The provisional accounting treatment for the A2A business combination was finalized, completing the accounting for the acquisition aimed at specializing the European agricultural materials business. - FY2018AdvancedAnnual report
「Through its consolidated subsidiary Ajinomoto OmniChem, the Company acquired 65.5% of the shares of A2A, which owns agricultural materials subsidiaries in Spain, on 2 October 2017. Including its existing interest, the Company held 70% of A2A’s shares and made it a consolidated subsidiary.」
The Company completed the additional acquisition of A2A and made it a consolidated subsidiary in which it holds 70%, including its existing interest. It is pursuing full-scale entry into the biostimulant market and the specialization of its European agricultural materials business. - FY2018-Q3First statedAnnual report
「Through its consolidated subsidiary Ajinomoto OmniChem, the Company acquired an additional 65.5% of the shares of Agro 2 Agro (A2A), which owns agricultural materials subsidiaries in Spain, on 2 October 2017, making it a consolidated subsidiary. Through this acquisition, the Company will make a full-scale entry into the growing biostimulant market and promote the specialization of its agricultural materials business in Europe.」
The Company held 70% of A2A’s shares including its existing interest and made it a consolidated subsidiary. It newly announced its full-scale entry into the amino acid-based biostimulant market and the specialization of its European agricultural materials business.