MERGERS,
ACQUISITIONS
& DEALS IN 2017
JANUARY
ChemChina subsidiary Adama Agricultural Solutions partnered with the Israeli agri-tech company, AgroWebLab, to introduce decision-support systems into agriculture.
US biostimulant company Agrinos entered into a distribution partnership with US distributor Van Diest Supply Company.
US agrochemical company American Vanguard acquired the turf fungicide, FFIII (pentachloronitrobenzene + chlorothalonil + propiconazole), from the plant nutrient group of the US agribusiness operation, The Andersons.
BASF and Brazil-based start-up facilitator ACE launched the second edition of its programme to aid start-up companies delivering agricultural products and services in Latin America.
Monsanto and Danish company Novozymes’ BioAg Alliance granted exclusive distribution rights in the US and Canada for its biofungicide, Taegro 2 (Bacillus subtilis var amyloliquefaciens strain FZB24), to Italian agrochemical company Isagro’s US business, Isagro USA.
The Canadian company, Bee Vectoring Technologies, entered into formal agreements with several leading US strawberry growers to conduct large-scale commercial demonstrations of its proprietary growing system for its bee-delivered biofungicide, Vectorite with CR-7 (Clonostachys rosea strain CR-7).
UK-based enabling technology company Exosect extended its licensing agreement with US company Talc USA to cover the US market. The companies previously entered into a manufacturing and licensing agreement for Exosect’s proprietary Entostat enabled fluency and dust reduction technology covering Canada.
Monsanto entered into a further licensing agreement with the US non-profit research organisation, Broad Institute of MIT and Harvard, over CRISPR genome editing technology.
Monsanto entered into a non-exclusive, multi-year, global licensing deal with the Israeli genomics technology company, N R Gene.
Monsanto formed a collaboration with the US charitable group, Two Blades Foundation, to discover novel sources of genetic resistance to maize diseases.
Nufarm and US biopesticide company Marrone Bio Innovations (MBI) agreed to develop MBI’s bioinsecticide/acaricide, Grandevo (Chromobacterium subtsugae strain PRAA4-1T), for Australia and New Zealand.
Chinese agricultural biotechnology company Origin Agritech entered into an agreement with DuPont seed subsidiary DuPont Pioneer to gain access to non-genetically modified maize seed in the US.
US biological products provider Vegalab and El Salvadorean pesticide and fertiliser supplier Fertica Group agreed an exclusive distribution deal in Guatemala.