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ASUNCIÓN, PARGUAY, August 28, 2021 /24-7PressRelease/ -- This acquisition opens the door to the international premium water market for the Germans.
"We were primarily interested in acquiring Manantiales, the top brand of Indusur," explains Carsten Pfau. "His water is filtered by basaltic rock and comes with a naturally high ph value, something very rare and valuable," says the German businessman. Still, Agri Terra bought Indusur's entire inventory, including its water wells, bottling plant and other real estate.
"Next step is to set up a new plant large enough for meeting all the demand we see internationally," Pfau stated after sealing the deal. Orders from the US, Dubai and Hong Kong are already piling up.
"Indusur is a great company and has done a terrific job so far, however, access to capital is very limited in Paraguay, which makes further growth very difficult," Carsten Pfau continues.
The acquisition of Indusur can be seen as a highly strategic move. Agri Terra is already developing Paraguay's largest plant for orange juice concentrate and is heavily invested in orange plantations.
About Agri Terra
The Agri Terra owners, German brothers Carsten and Michael Pfau, invest and conduct business in Paraguay since 1995. Successful real estate investors, the brothers shifted their focus towards agriculture over the years. Starting out with the purchase of farmland and small cattle investments, the brothers now manage under the Agri Terra umbrella large agro-projects all over Paraguay. The company is among the largest 1% of cattle owners (out of 142,000 total), and it operates the country's third largest orange plantation. Substantial investments in greenhouses (vegetable production for supermarkets) as well as other citrus plantations complete the portfolio. In addition, the group develops residential country clubs and invests in the field of landbanking.
Agri Terra only offers projects to investors if the company invests ist own funds into the project as well. Most of the times, Agri Terra is the single largest investor in a project.
Key executives in the company count with decades of experience in their respective fields of expertise. A combination of experience, expertise and dedication provides a solid base for the company's investments.
Headquartered in Munich, the Agri Terra Group is also registered in Austria, Panama, Paraguay and Hong Kong. In addition, the company counts with representatives for the US and Canada, Switzerland and Romania.
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