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Thursday, 23 November 2017

Sumitomo acquires 83 pc stake in BRA Group




Sumitomo Chemical Co Ltd has acquired 82.9 percent of shares in Botanical Resources Australia Pty Ltd and its affiliated companies (the BRA Group) from the shareholders, and made the BRA Group, a major supplier of insecticidal compounds pyrethrins, a consolidated subsidiary.
Pyrethrins are insecticidal compounds extracted from the pyrethrum flower, which have the same basic chemical structure as synthetic pyrethroids. They are widely and commonly used in insecticides for household, vector control, pest control management and crop protection.
Since its establishment in 1996, the BRA Group has been producing pyrethrins in Tasmania, Australia. Through improvements made in the quality of pyrethrum seeds and the accumulation of know-how relating to the manufacturing of pyrethrins, the BRA Group has become a highly reliable supplier with the proven ability to provide consistently high-quality products.

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