Announced
Completed
Financials
Sources
Tags
Cyprus
agriculture technology
Acquisition
Biotechnology
Friendly
Completed
Private
Single Bidder
Synopsis
Syngenta, one of the world’s leading agriculture companies, acquired Cropio Group, an agriculture technology company with approximately 35 full-time employees. Financial terms were not disclosed. Greg Meyers, Chief Information and Digital Officer, Syngenta, said, “This acquisition marks a turning point in Syngenta’s digital strategy for agriculture. Cropio is a leading player in the Eastern European digital agriculture market, and Syngenta is gaining a hub for Ag Tech innovation in Europe that will help increase farmer sustainability, productivity, efficiency and profitability. We anticipate significant opportunities for collaboration across the other Syngenta digital assets.”
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