Yara International ASA, a provider of solutions for sustainable agriculture and the environment, has acquired Hennigsdorf, Germany-based water sensor company ZIM Plant Technology GmbH.
Led by Prof. Dr. Ulrich Zimmermann, founder, ZIM Plant Technology sells crop water sensor technology, which is mostly used in high-precision irrigation systems to improve yields and water use efficiency. It is backed by High-Tech Gruenderfonds.
Following the close of the transaction, which is subject to normal conditions, Yara will incorporate the knowledge and technology of ZIM Plant Technology into its existing crop nutrition solutions.
Founded in Norway in 1905, Yara has a worldwide presence with sales to 150 countries.
FinSMEs
25/11/2013