May 9 (SeeNews) - Bulgarian pesticides producer Agria is seeking anti-trust approval to acquire local pesticides wholesaler Campo 2007, the Commission for Protection of Competition said on Thursday.
The deal is expected to affect the local pesticides market, a notice published on the regulator's website reads.
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In addition, Agria intends to acquire Lichtenstein-based Zenith Crop Sciences, according to the notice.
Agria generated consolidated revenue of 109.9 million levs ($62.9 million/56.2 million euro) in 2017 and closed the year with a net profit of 15.1 million levs, according to its most recent annual financial statement.
Campo 2007 booked revenue of 10.3 million levs and a net profit of 352,000 levs in 2017. The company is 50/50 owned by local companies MMS-99 and Ambus, according to commercial register data.
(1 euro = 1.95583 levs)