Policy decisions in France are aimed at reducing or even eliminating the use of phytosanitary products in agriculture. The economic situation of companies in the EXEL Industries group that manufacture agricultural sprayers is coming under increasing pressure, particularly if they mainly sell to the French market. Our companies are currently having to consider some serious issues. However, thanks to new technology and precision spraying, the quantities of phytosanitary products used can be significantly reduced.
To improve our capacity for innovation, consolidate our expertise for the benefit of farmers, and increase the impact of our brands, EXEL Industries will restructure its agricultural spraying business.
Guerric Ballu, Chief Execut…
Read the full article at: https://globenewswire.com/news-release/2019/07/03/1877655/0/en/EXEL-Industries-is-to-restructure-its-agricultural-spraying-business.html