Japan’s Sumitomo is buying majority control of a Kyiv region supplier of seeds, equipment and mineral fertilizers to 3,500 Ukrainian farmers.

Japan’s Sumitomo is buying majority control of a Kyiv region supplier of seeds, equipment and mineral fertilizers to 3,500 Ukrainian farmers. Located in Obukhiv, 50 km south of Kyiv, Spectr-Agro is “one of the leading agricultural material sales companies in Ukraine…the company’s annual sales are approximately 13 billion yen, accounting for about 10% of sales in Ukraine’s agrochemical market,” Sumitomo said in a press release from Tokyo. Over the last decade, Sumitomo bought control of farm supply companies in Brazil and in Romania.