ETG Inputs Holdco Limited (EIHL) Acquires Nitrophoska, Strengthening South Africa's Agricultural Solutions

Johannesburg, 10th April 2024 – ETG Inputs Holdco Limited (EIHL), a subsidiary of ETG, proudly announces its acquisition of Nitrophoska, a renowned South African company with over 50 years of experience in providing innovative agricultural solutions.

With a decentralized structure, Nitrophoska operates five strategically positioned blending plants across Malmesbury, Moorreesburg, Wolseley, Swellendam, and Rietpoel. These plants collectively offer a total blending capacity in excess of 1000 metric tons per day. Strategically located, they serve customers efficiently across the Western Cape in South Africa. Nitrophoska primarily focuses on commodities, with plans for strategic shifts to enhance offerings. Their focus areas include improving nutrient offerings with trace elements, integrating organic and bio technologies, and developing water-soluble and specialized products. All new products undergo rigorous testing to ensure agronomic and economic feasibility, ensuring successful future trials and commercial sales.

Ashish Lakhotia, CEO of EIHL commented: “Both EIHL and Nitrophoska share a common vision of creating a sustainable impact in the agricultural sector. EIHL's vision is to 'create a sustainable impact in the lives of farmers and spread 360° Happiness,' while Nitrophoska is committed to being the trusted, proudly South African partner of its customers. Both entities prioritize quality, service delivery, technology, and sustainable agronomic practices. We are excited to welcome Nitrophoska to our team and look forward to create positive impact in the lives of our farming communities.”

About ETG

ETG has developed into a global player with a presence in more than 45 countries, spanning 6 continents.

The Group has a diverse portfolio of expertise across various industries, encompassing agricultural inputs, chemicals, logistics, processing, food and food ingredients, energy, metals, technology and supply chain optimization.

ETG’s verticals are structured in a manner to emphasize focus and optimize strategic growth opportunities. We adapt and grow responsibly as a diversified enterprise, creating a sustainable future for all our stakeholders.

About Nitrophoska

Founded in the late 1960s, Nitrophoska embarked on a journey focused on marketing lime and gypsum to farmers in the greater Western Cape. Recognizing the evolving needs of cropping and farming practices, the company expanded into offering tailored solutions with blended fertilizers, and evolved to offer precision farming, handling, transport, mixing, and spreading of lime, gypsum, and fertilizers. With over 50 years of experience, Nitrophoska is a trusted supplier, a loyal partner, and an employer committed to our staff's growth and success.

For more information, please send a mail to info@etgworld.com