The projects will enable both companies to expand each other’s product offerings, markets and customer base
Bee Vectoring Technologies International and BioSafe Systems have signed a Memorandum of Understanding (MOU) where the companies have agreed to enter into detailed discussions on multiple business partnership projects that call upon each other’s expertise. BioSafe and BVT are both leaders in the agricultural biologicals industry with a similar customer base and offer services and products that are complementary to one another.
The projects will enable both companies to expand each other’s product offerings, markets and customer base. Opportunities include pairing BioSafe biologicals with BVT’s bee vectoring system and using BVT’s Clonostachys rosea CR-7 (CR-7) strain for non-bee-vectoring applications. Specific agreements in these areas will follow after evaluations and more detailed discussions on business terms.
BioSafe has a 23-year history as an innovator of environmentally sustainable products and has a team of 100 people across the US, Mexico, Canada, and South America. BioSafe serves a broad customer base in the agriculture, horticulture, post-harvest/food safety, aquatics, home and garden, turf, and commercial/industrial sanitation markets.
BVT has pioneered a natural precision agriculture system proven to replace chemical pesticides and wasteful plant protection product spray applications by delivering biological pesticide alternatives to crops using commercially managed bees while increasing crop yields. BVT has also been testing and is seeing positive results for the use of its proprietary CR-7 strain in foliar and soil applications.