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New Deal


Announced

Completed

Biobest Group completed the acquisition of an 85% stake in Biotrop Participações from Aqua Capital and GIC in a €532m deal.

Financials

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Transaction Value£456m
Consideration TypeCash
Capital Owned-
Capital Bid For85%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Acquisition

Majority

Private

Private Equity

Disposal

Single Bidder

Brazil

biotechnology company

Biotechnology

Friendly

Cross Border

Completed

Synopsis

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Biobest Group, an integrated pest management strategies and biocontrol, completed the acquisition of an 85% stake in Biotrop Participações, a biotechnology company, from private equity firms Aqua Capital and GIC, in a €532m deal. ”Biotrop is a one-of-a-kind company, as a market leader driving change towards the use of biologicals in agriculture and delivering high margins. It has been an amazing journey, where in six years of ownership, we have been able to create a leading platform in this fast developing domain, driving sustainability and profits. In the process, we have partnered with amazing individuals led by CEO and co-founder Antonio Zem and a world-class institution such as GIC. Biotrop could not have found a better home than with Biobest. Its total commitment to biologicals, global footprint and fantastic culture provide for excellent conditions to maintain Biotrop’s path," Sebastian Popik, Aqua Capital Managing Partner.

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