Agribio Group, a worldwide horticultural breeding, production and distribution company, has acquired Oro Farms, a producer of an extensive line of vegetative annual, perennial and foliage cuttings. Agribio Group is currently active in the North American vegetative market under the Fides brand name.
With the ‘Oro Farms’ and ‘Fides’ labels, Agribio Group officials believe the company offers a unique proposition to its expanding customer base.
“We seized this opportunity to acquire Oro Farms,” said Harry Kloppenburg, CEO of Agribio Group. “Having Oro Farms and Fides North America active in this market is truly a matter of combining the best of both worlds. Oro Farms will remain the reliable production company it is known for. We are excited the current management team of Oro Farms stays on board. They bring great technical knowledge and experience. Fides will continue to build its position by being an innovative and reliable breeding partner, providing market value with high quality genetics.”