Vittia Annual Report 2022

VITTIA Ongoing look to growth In driving growth, we are targeting both organic growth and acquisitions. We have permanently invested in expanding our portfolio of products, services, and solutions by increasing production, but we are also always on the lookout for acquisition opportunities. We have created a proven platform for business consolidation and integration, which also stems from our successful history of strategic acquisitions, which aggregate us in terms of access to new markets, expansion of the product portfolio, new research and development skills and operational synergies. In recent years, we highlight four strategic acquisitions: Samaritá (2014), which allowed us to expand our markets and further diversify our customer base, with producers from other crops, such as citrus. ► Biovalens (2017), which marked the beginning of our operations with biological control. Vitória Agro (2020), which produces organomineral fertilizers based on organic waste. JB Biotecnologia (2020), which produces biological control based on macrobiologicals (predators and parasitoids). Once new companies are acquired, we explore all the alternatives and potentialities, to extract the maximum value during the integration process. Annual Report 2022 49

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