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Redox Bio-Nutrients has acquired 10 percent of the Axxion Corporation LLC, marking an important step in the companies expanding international presence. Axxion was founded 42 years ago by Mory Ogata, and provides a steadily growing amount of fertilizers and moisture management surfactants to golf courses throughout Japan. The company has also seen steady growth in plant nutrition for traditional agricultural crops in the country, including rice.
At the same time, Qvou, Inc., a fast growing marketing company, is the majority shareholder of this new partnership, with 80 percent of the total.
“I had additional opportunities, but partnering with Qvou and Redox were superior for a variety of reasons,” Ogata said. “Product development has pole-vaulted Redox to become one of the most impressive companies of its kind in the United States. Additionally, Qvou CEO Ryotaro Kubo has led his company to be one of the fastest growing mid-sized companies in Japan. I am honored to partner with both businesses.”