InVivo Group to acquire Soufflet Group for $2.76bn.

InVivo Group, a producer and distributor of seeds and agricultural supplies, agreed to acquire Soufflet Group, a French agri-food group, for $2.76bn. “Access to food has become a strategic issue reinforcing the need to preserve the food sovereignty of both France – the ‘Made in France’ label – and Europe. Bringing our two Groups together would enable us to address this challenge by providing a 100% French answer and would represent a key driving force for the agricultural transition and the interests of ‘la Ferme France’," Philippe Mangin, InVivo Chairman.