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Synopsis
Marrone Bio, an international leader in sustainable bioprotection and plant health solutions, completed the acquisition of Pro Farm Technologies, a Finland-based agriculture technology company, for $32m. "This acquisition is an example of the kind of transformative investments that we seek to grow Marrone Bio from a product, crop and geographic perspective, and to do so in a way that can immediately accelerate our revenue growth and margin expansion. We believe acquisitions like Pro Farm will allow us to cost-effectively expand our global scale, and significantly escalate our growth trajectory," Bob Woods Marrone Bio Chairman of the Board.
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