Eurodrip SA announces the establishment of a new affiliate company at Peru, under the registered name Eurodrip Peru SAC with headquarters in Lima and manufacturing facility in Piura. Eurodrip SA has a majority stake of 60% in the share capital of Eurodrip Peru.
Eurodrip Peru SAC will manufacture dripline products and trade a complete range of microirrigation systems, serving as a manufacturing hub both the domestic and other Latin American markets. The new manufacturing plant in Piura, starting in May 2009, is the most modern investment in Peru, employing the latest technology
Peru is one of the fastest growing agricultural markets globally with significant private investments in both agricultural products and bio-crops for the production of biofuel/ethanol. Eurodrip is active in Peru since couple of years and provides among others integrated drip irrigation systems in Northern Peru, for big sugar cane projects that are used as raw materials for the production of ethanol.
Eurodrip is a global producer of drip irrigation products with business interests through its own Affiliate companies in Turkey, Egypt, Jordan, USA, Mexico and Romania.