Announced
Completed
Synopsis
Biobest, a company that develops and supplies natural crop care systems, completed the acquisition of a majority stake in Plant Products, a distributor in plant protection. Financial terms were not disclosed. “I am thrilled that we have this opportunity to invest in a company with which we have successfully collaborated for over 25 years. Plant Products has a very strong network of grower and supplier relationships in North America. Direct presence is essential to realise our mission of being the grower’s most reliable partner in this important market where specialty horticulture is growing very quickly," Jean-Marc Vandoorne-Feys, Biobest Group CEO.
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