Albaugh closes on acquisition of Rotam

Albaugh, LLC of Ankeny, Iowa, announces that the delisting of Rotam Global AgroSciences Limited from the Taiwan stock exchange having been completed, the acquisition of Rotam has been successfully closed. The acquisition creates a global crop protection company with total sales exceeding $2 billion in all regions of the world and a strong manufacturing base comprising plants in the U.S., Argentina, Brazil, Mexico, Slovenia, China, Taiwan and India.

Albaugh was advised in the transaction by J.P. Morgan, with HSBC serving as co-advisor and legal support from Jones Day and Collas Crill.