CTS Chemical Industries

Company Overview

Snapshot

Founded in January 1921, CTS Chemical Industries operates with 51–200 employees. The company experienced a significant corporate milestone in August 2022 when Israeli private equity firm Fortissimo Capital acquired an 80% stake for NIS 150 million, signaling a strategic investment for growth and expansion.

Business overview

CTS Chemical Industries is a diversified group with independent divisions spanning healthcare, agriculture, and veterinary sectors. Its healthcare division focuses on importing, registering, marketing, and distributing global pharmaceutical products within Israel, alongside manufacturing its own range of pharmaceutical products, cosmetics, and toiletries. 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 represents international pet food brands, managing their import, registration, marketing, and distribution activities across various markets including Eastern Europe, Russia, and Australia.

Strategic signal

In August 2022, Fortissimo Capital's acquisition of an 80% stake in CTS Chemical Industries for NIS 150 million signals a strong growth trajectory and strategic validation for the company. This investment is poised to fuel organic expansion and potential further acquisitions, indicating a period of significant development and market consolidation within the pharmaceutical and consumer healthcare sectors.

Company Intelligence Q&A

What was the most significant corporate development for CTS Chemical Industries in recent years?

In August 2022, Israeli private equity firm Fortissimo Capital acquired an 80% stake in CTS Chemical Industries for NIS 150 million. This acquisition is expected to drive growth through investment and expansion.

What are the core activities of CTS Chemical Industries' healthcare division?

The healthcare division of CTS Chemical Industries imports, registers, markets, and distributes global pharmaceutical products in Israel. It also manufactures a variety of pharmaceutical products, including capsules, tablets, lozenges, oral solutions, and drops, with cosmetics and toiletries produced by a subsidiary under licensing agreements.

Which international companies does CTS Chemical Industries' agricultural division, Agrica, represent?

Agrica, the agricultural division of CTS Chemical Industries, serves as the local representative for agricultural multinationals such as Syngenta, BASF, Valent (Sumitomo), and Nufarm, handling the import, registration, marketing, and distribution of plant protection agents, seeds, and fertilizers.

What role does CTS Chemical Industries' Animal Care division play in the veterinary sector?

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

What is the employee size of CTS Chemical Industries?

CTS Chemical Industries operates with 51–200 employees.