Announced
Completed
Financials
Sources
Tags
Acquisition
Majority
Private
Private Equity
Disposal
Single Bidder
Brazil
biotechnology company
Biotechnology
Friendly
Cross Border
Completed
Synopsis
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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