CTS Chemical Industries

Company Overview

Snapshot

Founded in January 1921, CTS Chemical Industries operates with 51–200 employees. The company in August 2022 saw a significant ownership change when Fortissimo Capital acquired a controlling stake.

Business overview

CTS Chemical Industries is a diversified company with independent divisions spanning the healthcare, agricultural, and veterinary sectors. Its healthcare division focuses on importing, registering, marketing, and distributing global pharmaceutical products in Israel, alongside manufacturing various pharmaceutical products and cosmetics through a subsidiary. The agricultural division, Agrica, handles the import, registration, marketing, and distribution of plant protection agents, seeds, and fertilizers, representing major agricultural multinationals. The Animal Care veterinary division manages the import, registration, marketing, and distribution for international pet food brands, serving both B2C and B2B2C markets across Eastern Europe, Russia, Hong Kong, Australia, Turkey, South Africa, and the United Kingdom.

Strategic signal

In August 2022, Fortissimo Capital acquired a controlling stake in CTS Chemical Industries. This strategic investment signals a potential new phase of growth and market expansion for CTS, leveraging Fortissimo's expertise to strengthen its position across its diverse healthcare, agricultural, and veterinary product lines.

Company Intelligence Q&A

What is the primary focus of CTS Chemical Industries' healthcare division?

The healthcare division of CTS Chemical Industries imports, registers, markets, and distributes global pharmaceutical products in Israel, in addition to manufacturing its own range of pharmaceutical products including capsules, tablets, lozenges, oral solutions, and drops.

Which international agricultural companies does CTS Chemical Industries represent through its Agrica division?

Through its Agrica division, CTS Chemical Industries serves as the local representative for agricultural multinationals such as Syngenta, BASF, Valent (Sumitomo), and Nufarm.

What role does the Animal Care veterinary division play for international pet food brands?

The Animal Care veterinary division represents international pet food brands like Doane Pet Care, Continental Nutrition, Versa Lega, Chenango Valley Pet Foods Inc, and Dr Alders, undertaking all import, registration, marketing, and distribution activities for them.

When was CTS Chemical Industries founded?

CTS Chemical Industries was founded in January 1921.

What significant ownership change occurred in August 2022?

In August 2022, Fortissimo Capital acquired a controlling stake in CTS Chemical Industries.