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SIAT Group's Deroose Plants acquires Exotic Plant

Belgian young plant company Exotic Plant has been acquired by DeRoose Plants' SIAT Group. After years of severe competition, in which DeRoose was even accused of infringement of EP's breeding patents, the companies now bury the hatchet and join forces as part of the SIAT Group. 

With locations in Europe, the U.S. and China, Exotic plant is a leading breeder and producer of exotic young plants. Also Deroose plants is a leading international player in this field. The combined ornamental portfolio of both companies will make the SIAT Group one of the largest companies in the field of Bromeliads, Succulents and Phalaenopsis starting material and young plants. 

The SIAT Group is a large Belgian agro-industrial multinational that operates in various agricultural sectors. Their biggest activity lies within the field of palmoil and rubber plantations. They are especially known for their large scale activities in Africa, which are not undisputed; in 2013 a report of several Belgian NGO's including Oxfam, revealed that SIAT and its sector peers had been guilty of land robbery in developing countries. 

In a news release, the SIAT Group states that Deroose Plants and Exotic Plant will now work together in supplying young plants worldwide. "SIAT will support the new group in improving its portfolio and services in Ornamental, Plantation & Agriculture and Health related starting plant material."

"This step will allow the company to serve the Asian market better. American customers will have access to Exotic Plant liners grown in the Florida facility. The company's portfolio shall remain predominantly breeders based."

The combined ornamental portfolio of both companies will now include: Bromeliads, Succulents, Phalaenopsis, Spathiphyllum, Carnivorous plants, Grasses, Kalanchoe, Hibiscus, Canna, Calathea, Anthurium, Cordyline, Zanthedesia, and Curcuma.

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