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New Deal


Announced

Completed

Corteva completed the acquisition of Stoller for $1.2bn.

Financials

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Transaction Value£1,000m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Biotechnology

biotechnology

medicine

Domestic

Private

Friendly

Majority

United States

Acquisition

Completed

Synopsis

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Corteva, a publicly traded, global pure-play agriculture company, completed the acquisition of Stoller, an independent biological company, for $1.2bn. "These acquisitions illustrate Corteva's commitment to providing farmers with sustainable solutions that bring value and productivity to the farm. We are pleased to officially welcome Symborg and Stoller employees to Corteva. We believe their knowledge and expertise, combined with Corteva's innovations capabilities, will come together to form a leading Biologicals Business ready to accelerate and grow with the rapidly expanding biologicals market," Chuck Magro, Corteva CEO.

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