Dextra's Magazine September 2017 Dextra Magazine September 2017 | Page 12

MERGERS,

ACQUISITIONS

& DEALS IN 2017

MARCH

US agrochemical and specialty chemical company Albaugh’s Brazilian operation, Albaugh Brasil, signed a distribution deal with fertiliser supplier P H Soluções to commence sales of its products in the north-east region of Brazil.

BASF entered into a global licensing agreement with the US non-profit research organisation, the Broad Institute of MIT and Harvard, for the use of CRISPR-Cas9 genome editing technology.

Bayer CropScience and Brazilian co-operative Cooperativo Coprossel set up a partnership for the installation of industrial seed treatment machines at the co-operative’s seed processing unit.

Bayer CropScience established a partnership with the Sao Paulo Federal Institute of Education, Science and Technology, the IFSP, in Brazil to back education and develop technologies for agriculture.

Bayer CropScience and Brazilian seed multiplier Plantar formed a partnership to provide precision farming in the Brazilian Parana state.

French genomics company Cellectis’ US plant science subsidiary, Calyxt, signed a technology framework agreement with UK investment company Plant Bioscience to expand Calyxt’s intellectual property portfolio.

Dow AgroSciences entered into a collaboration with pharmaceutical company Eli Lilly and the US Indiana Biosciences Research Institute to generate a shared data platform for the early assessment of potential effects of different molecules on human health and the environment.

UK-based enabling technology company Exosect reached its first commercial agreement with an unnamed “leading” agrochemical company for a “novel” insecticide formulation using Exosect’s proprietary Entostat technology.

Dutch bioproducts company Koppert Biological Systems, Brazilian pest management company ISCA Technologies and Dutch remote sensing firm TEC-IB joined forces on a project to control red palm weevils (Rhynchophorus ferrungineus) on date palms in the Middle East.

Mitsui Chemical’s agrochemical business, Mitsui Chemicals Agro, raised its ownership of the Thai agrochemical company, Sotus International, to 17.7%.

Brazilian agrochemical company Ourofino Agrociencia agreed a tie-up with start-up company Perfect Flight to supply pesticide application tools.

US specialist chemistry company Precision Laboratories entered into a partnership with Monsanto to include its drift reduction agent, Intact, in Monsanto’s Roundup Ready Plus Crop Management Solutions programme in soybeans and cotton.

Chinese companies Shenzhen Noposion, Jiangxi Heyi and Beijing Nutrichem agreed a three-way collaboration on pesticide product supply, distribution, marketing and e-commerce.

Israeli biopesticide company Stockton entered into an agreement with New Zealand distributor Grosafe Chemicals to sell Stockton’s biofungicide, Timorex Gold (Melaleuca alternifolia extract), in the country.