Oil-Dri Corporation of America (NYSE:ODC) acquired the remaining 21.6% stake in Agromex Importaciones, S.A de C.V. on May 12, 2023. Amlan now holds 100% ownership of its subsidiary in Mexico, further solidifying its position in the Mexican market. Previously, Oil-Dri Corporation owned 78.4% of the equity of Agromex Importaciones. With this acquisition, Agromex's new Board of Directors consisting of Wade Robey, President, Amlan International, and Vice President of Agriculture, Oil-Dri Corporation of America has been appointed as the Chairman of the Board. Robin Jarquin, Regional Director Latin America, will oversee the operations of Agromex, ensuring a seamless transition and continued success of the subsidiary.

Oil-Dri Corporation of America (NYSE:ODC) completed the acquisition of remaining 21.6% stake in Agromex Importaciones, S.A de C.V. on May 12, 2023.