Biobest completes acquisition of Biotrop
Summary
Biotrop was able to roll-out a winning strategy and quickly became leading player in this dynamic market thanks to its outstanding management team which will continue to drive the company’s growth and becomes part of Biobest Group’s global leadership. ”With this landmark transaction following several other key acquisitions, Biobest now faces a wealth of opportunities to create synergies between its businesses while putting its customers first. In a world that urgently needs to shift to more sustainable farming and to reduce the use and risk of chemical pesticides, we are confident that we can reach a position in the global top 10 by 2034. An enviable position in which existing and new Biobest shareholders were eager to invest.” “As a member of Biobest, we will be able to globally leverage our ambitious growth agenda by providing sound biological crop protection alternatives to chemical pesticides, contributing directly to mitigating climate change by reducing CO2 emissions and restoring healthy soils,” says Antonio Zem, CEO of Biotrop. “Providing farmers with effective biological products and expert advice will create a cycle of trust, benefiting our mutual businesses, enabling enhanced food security, and a more resilient and sustainable agriculture.” Sebastian Popik, Managing Partner of Aqua Capital, remarks, "Biotrop stands out as a market leader in biological agriculture, achieving high margins.