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Announced

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De Sangosse completed the acquisition of a controlling stake in Kan Biosys.

Synopsis

De Sangosse, a company that develops, manufactures, and markets crop protection, plant nutrition, and pest control solutions, completed the acquisition of a controlling stake in Kan Biosys, a specialized agri-biotech company. Financial terms were not disclosed. “We are thrilled to be part of a time when microbial products are gaining momentum, and we are proud to be associated with DE SANGOSSE, which shares our vision and strengths. We believe every seed requires microbial dressing, every pest requires biocontrol, and all soils need carbon and microbes to maintain fertility. Hence, the opportunities in this field are immense, and our partnership can significantly support the bio-market. Microbials have a vital role in seed dressing, soil fertility, nutrient management, as well as pest and disease control. We are optimistic that in years to come, we will undoubtedly demonstrate that microbial is a powerful force to be reckoned with,” Sandeepa Kanitkar, Kan Biosys Chairperson and Managing Director.

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