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HomePosts Tagged "acquisition"
Agbiologicals, Agribusiness, Biofertilizers, Collaborations, Company News, Fungicides, Herbicides, Investments, Opinions

Completion of the proposed acquisition of NexusBioAg would position MustGrow as a fully integrated provider of biological and regenerative agriculture solutions with a sales, marketing and distribution division in Canada

MustGrow Biologics Corp. (TSXV:MGRO) (OTC:MGROF) (FRA:0C0) (the “Company” or “MustGrow“) is pleased to announce the signing of a non-binding term-sheet (the “Term Sheet“) dated November 27, 2024 with Univar Solutions Canada Ltd. (“Univar Solutions“) for the proposed acquisition of certain assets that represent NexusBioAg (“NexusBioAg“).

This strategic acquisition remains subject to certain conditions including completion of satisfactory due diligence, the negotiation and execution of a definitive asset purchase agreement between MustGrow and Univar Solutions, and the approval by the TSX Venture Exchange (“TSXV“) and MustGrow’s Board of Directors. The purchase consideration for the proposed acquisition is anticipated to include (i) a deferred cash payment and (ii) contingent payments made in 2025 and 2026, in each case subject to certain adjustments to be agreed to in the definitive transaction documents. The parties are targeting a closing on or about December 31, 2024 for this strategic acquisition. There are no finder fees payable in connection with the proposed acquisition and the parties are acting at arm’s length.

Completion of the proposed acquisition of NexusBioAg would position MustGrow as a fully integrated provider of biological and regenerative agriculture solutions with a sales, marketing and distribution division in Canada. Under MustGrow, this division would market and sell the existing NexusBioAg product line alongside MustGrow’s owned products and technology. It is anticipated the NexusBioAg sales and marketing team would bring extensive experience in the biological and regenerative agriculture sector to MustGrow’s operations, supported by a broad industry network that is uniquely positioned to drive growth and innovation. The NexusBioAg team has well-established relationships with growers, channel partners, and influencers. They are adept in commercialization of new biological and regenerative products, leveraging a proven model that has delivered market success.

As a fully integrated agriculture biologics and regenerative agriculture company, upon closing of the proposed transaction, MustGrow would have access to NexusBioAg’s existing sales with new third party product lines anticipated in 2025 and MustGrow’s proprietary TerraMGTM expected to launch thereafter. Potential synergies are expected, driven by market access for new product development and reduced distribution costs for MustGrow’s owned products.

“This is an exciting opportunity to deliver technology driven, innovative products to farmers in Canada and ultimately the United States,” said Corey Giasson, President & CEO of MustGrow. “This synergistic acquisition would solidify MustGrow’s position as a fully integrated biological and regenerative agriculture company, with an established in-licensed third-party product line, while laying the foundation for the commercialization of MustGrow’s own innovative products.”

Completion of the proposed acquisition of NexusBioAg

Agribusiness, Company News, Floriculture, Horticulture, Seeds, Trade, Vegetables

This acquisition will enable Crystal to diversify its seeds business and strengthen its presence in the high-value vegetable and flower segments.

Crystal Crop Protection Limited has announced its 12th acquisition, acquiring I&B Seeds, a prominent player in the flower and vegetable seeds market having a leadership position in Marigold seeds with Indus and SPS brands. This acquisition will enable Crystal to diversify its seeds business and strengthen its presence in the high-value vegetable and flower segments, positioning the company as a formidable player in the industry.

By expanding into this segment, Crystal aims to provide farmers with access to high-quality vegetable and flower seeds that can enhance yield and profitability. I&B Seeds is a leader in the flower and vegetable seeds market, known for its strong focus on R&D and high-quality seed products. The company is the market leader in Marigold seeds with Indus and SPS brands and has a strong presence in Tomato, Chilies, Sweetcorn and Cucumber. With over 600+ dealers across India and export operations in countries like the United States, Egypt, Bangladesh, Thailand, and Sri Lanka, I&B Seeds has a robust global presence.

Commenting on the acquisition, Ankur Aggarwal, Managing Director of Crystal Crop Protection Limited, said, “This acquisition marks a pivotal moment in our growth strategy. At Crystal, we are deeply committed to the well-being of our farmers. By expanding into the vegetable and flower seed segments, we are not only diversifying our offerings but also enhancing our ability to provide farmers with high-quality seeds that can significantly increase their incomes. Our focus is on empowering farmers with innovative solutions that improve yields and profitability, ensuring they have access to the best resources for their cultivation needs. I&B Seed’s expertise in the flower and vegetable seeds market, combined with our strong portfolio in field crops, will allow us to better serve the agricultural community and contribute to sustainable farming practices across India.”

Crystal’s current seeds portfolio has farmer’s preferred brands like Proagro, Sadanand, Surpass, and Dairy Green across field crops like cotton, maize, pearl millet, mustard, fodder, wheat, berseem, and sorghum. With the addition of Indus and SPS Brands with the acquisition of I&B Seeds vegetable and flower segments, Crystal will further diversify its product offerings and expand its reach to more farmers. The new business is expected to boost Crystal’s seeds division, contributing to a 30 per cent increase in its topline growth.

Praveen Noojibail, Managing Director of I&B Seeds, stated, “This acquisition is a great opportunity for Crystal Seeds to combine I&B Seed’s legacy in flower and vegetable seeds with Crystal’s extensive resources and distribution network. The size and strength of Crystal will help accelerate the reach of innovative and high-quality seeds to farmers across India and beyond, ensuring better yields and profitability.”

George Ball, Chairman, W. Atlee Burpee Company and Partner in I&B Seeds, also stated that it will be a great opportunity for I&B Seed’s R&D to reach farmers at a larger level and help them produce better crops.

Artha Arbitrage Consulting, a Hyderabad-based financial consulting firm, advised I&B on this transaction.

This acquisition will enable Crystal to diversify

Agribusiness, Carbon Farming, Company News, World

With this acquisition, Sistema.bio combines its position as the largest full-service biogas company with the first biogas-specific platform for dMRV.

 Sistema.bio, a global leader in the delivery of biogas technology, financing, and services for family farmers worldwide, announced the acquisition of Inclusive Energy (IE). As a pioneer in remote sensors for biogas and solar energy systems, IE is at the forefront of digital Monitoring, Reporting and Verification (dMRV). This strategic acquisition will significantly enhance Sistema.bio’s capacity to deliver high-impact biogas solutions with improved digital MRV capabilities, benefiting farmers worldwide with better service and long-term support.

With this acquisition, Sistema.bio combines its position as the largest full-service biogas company with the first biogas-specific platform for dMRV, enabling the delivery of carbon emission reduction projects at scale with high-quality digital monitoring.

By integrating Inclusive Energy’s cutting-edge technology into Sistema.bio’s platform, the company is poised to expand its offerings and grow in the IoT and remote sensing space. This acquisition will enable Sistema.bio to better support farmers and partners with a real-time monitoring system for biogas digesters, utilizing intelligent sensing and communication tools. This will facilitate remote diagnosis, usage analytics for carbon reporting, and data insights for predictive maintenance.

Alex Eaton, CEO and co-founder of Sistema.bio, shared: “We have been thoroughly impressed by Inclusive Energy’s digital MRV platform, which we have been integrating into our biogas units as part of our global carbon emissions reduction initiatives over the past three years. This acquisition marks an exciting new phase, allowing us to accelerate both technologies to better serve farmers and reduce carbon and methane emissions.” Eaton also emphasized that integrating the two companies is a strategic move to reinforce Sistema.bio’s commitment to climate action, accelerating progress toward achieving a 1% reduction in annual global GHG emissions by 2030.

Inclusive Energy’s innovation and expertise in remote monitoring, tracking, and reporting on biogas system performance align seamlessly with Sistema.bio’s objective to provide sustainable and efficient biogas solutions to family farmers and stakeholders. The combination of both companies’ capabilities will not only improve the accuracy of carbon emission reduction reporting and enhance customer service for farmers—demonstrated through collaboration on thousands of farms to date—but will also strengthen Sistema.bio’s position as a leader in high-quality, high-integrity carbon credits.

Vijay Bhopal, CEO of Inclusive Energy, when speaking about this new alliance said: “Sistema.bio has a proven track record of commercial and technical innovation leading to real-world impact through delivery at scale. We are excited to join their mission to serve millions of farmers, and, together, to drive the biogas market forward towards its potential. With Sistema.bio we are well placed to ensure that Inclusive Energy’s digital technologies are used to improve lives and maximize credibility in the carbon markets.”

“The Sistema.bio Board of Directors supports the integration of Inclusive Energy’s dMRV technology into farmer energy transition technologies. In addition to strengthening business growth at scale, IE technology enhances farmers’ ROI from biogas and regenerative agriculture systems by ensuring the integrity of carbon impact data.” said Joyce Cacho, Independent Board Chair at Sistema.bio.

With this acquisition, Sistema.bio combines its position

Agribusiness, Company News, Finance, Fruits, India, Trade, Vegetables

The investment will accelerate Magnus Farm’s expansion, allowing it to diversify its product offerings and expand its workforce.

Magnus Farm Fresh Pvt Ltd, an Indian producer and exporter of fresh fruits and vegetables, has confirmed that Tarun Singh, MD Highbrow Securities has acquired a 3.5 per cent minority stake in the company.

Singh, a seasoned investor with over two decades of experience supporting SMEs, seeks to leverage his expertise to accelerate the company’s growth and global expansion. The partnership also includes plans for product innovation, with a potential follow-up investment of USD 3 million within the next year, underscoring Singh’s commitment to the long-term success of Magnus Farm.

The investment will accelerate Magnus Farm’s expansion, allowing it to diversify its product offerings and expand its workforce. Funds will be used to develop a processed food line including Individually Quick Frozen (IQF), frozen, and retort products, and cultivate new fruit varieties, accelerating its global export capabilities and market presence.

With a network of over 3,000 growers across Maharashtra’s prime agricultural districts including Nashik, Sangli, Solapur, Pune, Osmanabad, and Ahmednagar; Magnus Farm has established a strong presence in key global markets, such as Europe, the UK, Russia, Southeast Asia, Canada, and the Middle East, supplying fresh produce to major supermarket chains like Edeka, NETTO, Superunie, Aldi, Lidl, Rewe and X5.

India’s food processing and export industry is experiencing robust growth, driven by increasing global demand for premium-quality produce. Magnus Farm’s solid foundation and industry leadership position it well to capitalize on this momentum, making it an ideal choice for Singh’s strategic investment.

Tarun Singh said, “My decision to invest in Magnus Farm stems from the food industry’s fundamental and timeless relevance. While other sectors can be unpredictable, the food sector offers a steady, and reliable growth, akin to the tortoise’s consistent pace in the fable. Magnus Farm impressed me with its compelling valuation, strong leadership, and innovative business model. I’m confident of their potential to lead the market. With my experience in the European food sector, I look forward to supporting their global expansion and helping them unlock new opportunities internationally.”

Since its inception, Magnus Farm has achieved growth, increasing its revenue approximately 3 times from over Rs 53 crore in FY 2020-21 to R 150 crore in FY 2023-24.

“The company’s growth underscores the company’s robust expansion strategy and its ability to cater to both domestic as well as international markets and expand into high-demand regions like the Middle East and Southeast Asia,” Singh added.

This collaboration underscores Singh’s dedication to nurturing MSMEs with the potential to scale internationally/globally.

Laxman Savalkar, Founder and Director of Magnus Farm, said, “We are thrilled to welcome Tarun Singh as both an investor and strategic partner in Magnus Farm. His vast experience and deep insights will play a pivotal role as we drive forward our expansion plans and enhance our product range.

“Magnus Farms is committed to driving innovation and playing a pivotal role in India’s agriculture and food export sector by scaling to new heights in the global export market. With our association, we are excited about the next phase of growth and the opportunities that lie ahead for Magnus Farm,” Savalkar said.

As part of its growth strategy, Magnus Farm is expanding its farmer networks and integrating advanced technology to optimize crop cycles. With a plan to increase its farmer base to 10,000 in the next two years, the company aims to ensure fair pricing, timely payments, and greater transparency across its supply chain.

The investment will accelerate Magnus Farm’s expansion,

Agribusiness, Drones, India

Drone Planet’s established marketplace will now be part of AVPL, offering an even wider array of drones and parts to meet diverse needs, from agriculture to surveillance.

 AVPL International, a leader in the drone industry, announced its acquisition of Drone Planet. This strategic move is set to revolutionise the drone market by merging AVPL’s industry expertise with Drone Planet’s innovative platform.

The integration of Drone Planet into AVPL International brings several exciting enhancements. Drone Planet’s established marketplace will now be part of AVPL, offering an even wider array of drones and parts to meet diverse needs, from agriculture to surveillance. Additionally, Drone Planet’s comprehensive suite of services, including mapping, inspection, and rescue operations, will be seamlessly integrated into AVPL’s offerings, providing cutting-edge solutions across various industries. The addition of Drone Planet’s flexible loan options will make high-quality drones more accessible, simplifying the investment in advanced technology for both professionals and enthusiasts. Furthermore, Drone Planet’s job matching services will enhance AVPL’s efforts to connect skilled professionals with exciting new roles in the drone sector, broadening career possibilities. Drone Planet also offers the unique opportunity to select drone courses at affordable rates. By comparing training programmes, AVPL enhances its vision of a collaborative and collective approach, ensuring that top-notch training is accessible to a broader audience.

This acquisition marks a significant milestone for AVPL International, reinforcing its position as a key player in the drone industry. By combining resources and expertise, AVPL and Drone Planet are set to deliver unparalleled services and opportunities, shaping the future of drone technology.

Drone Planet’s established marketplace will now be

Agribusiness, Agro chems – Chemicals, Company News, India

This will help the company expand its product offerings by adding the Ethoxylation technology to its portfolio of process and batch technologies.

Godrej Industries’ Chemicals Business announced the signing of a business transfer agreement with Shree Vallabh Chemicals Unit II (Kheda), with the intention to acquire their Ethoxylation Unit II. As a leading player in Oleochemicals, Surfactants, Specialities and Biotech, this transaction will help the company expand its product offerings by adding the Ethoxylation technology to its portfolio of process and batch technologies.

Located at Kheda, Gujarat, the Shree Vallabh Ethoxylation unit II has a manufacturing capacity of 24,000 MTPA of finished products.

Vishal Sharma, Executive Director and Chief Executive Officer, Godrej Industries (Chemicals) said, “Aligned with our commitment to growth and innovation, the proposed acquisition of the unit will aid us in expanding our offerings and also cater to new applications for our customers. By enabling us to accelerate the investment timeline, we are confident that it will also provide us with various cost synergies.”

Company drives business through sustainability, customer centricity, and renewable resources-focused chemistries, with a global presence in more than 80 countries. With two manufacturing locations (Maharashtra & Gujarat) and a state-of-the-art R&D Center in India, company specialise in delivering tailored solutions to meet specific applications and performance requirements.

This will help the company expand its

Agbiologicals, Agribusiness, Company News, Fungicides, Trade, World

The acquisition is set to strengthen UPL Corp’s portfolio of solutions and leadership in the multisite fungicide market.

UPL Corporation Ltd. (UPL Corp), a global provider of holistic and sustainable agricultural solutions, announces that it has completed the acquisition of Corteva Agriscience’s solo mancozeb global fungicide business outside of China, Japan, South Korea, UK, Switzerland and EU member countries. The acquisition is set to strengthen UPL Corp’s portfolio of solutions and leadership in the multisite fungicide market, giving the company ownership of Dithane®, the original global mancozeb brand which has provided farmers with a reliable disease management solution, as well as access to Rainshield™ technology which enables crop protection in wet weather conditions.

Christina Coen, Chief Marketing Officer for UPL Corp, said “We recognize mancozeb’s vital role not just in protecting crops, but in safeguarding global food security and transforming farmer livelihoods. This acquisition cements our leadership in the multi-fungicide market and enables us to continue adding to our ever-growing portfolio of farmer-first solutions, and expanding the use of this vital molecule for years to come. We are committed to ensuring a smooth transition for all customers, and look forward to helping growers produce sustainable crop yields and future-proof food security.”

The acquisition is limited to Corteva’s solo formulations of mancozeb, with Corteva retaining ownership of premix formulations. With the deal, UPL Corp has acquired access to the full regulatory scientific dossier of mancozeb including all data, registrations, trademarks for Corteva’s solo mancozeb products, and a license to the Rainshield™ technology.

The acquisition is set to strengthen UPL

Agribusiness, Agro chems – Chemicals, Company News, Finance, India, Trade

The acquisition, finalised through a 100 per cent stake purchase with cash consideration, amounts to an estimated enterprise value of Rs 139 Crores.

Best Agrolife Ltd (BAL), a prominent player in the Indian agrochemicals industry, has made a significant stride with the acquisition of Sudarshan Farm Chemicals India Pvt Ltd (SFCL). This acquisition marks a milestone in BAL’s journey, as it not only expands its market presence but also strengthens its R&D capabilities and product portfolio.

The acquisition, finalised through a 100 per cent stake purchase with cash consideration, amounts to an estimated enterprise value of Rs 139 Crores. After accounting for Net Working Capital and other Liabilities, the cash outflow for BAL is expected to be around Rupees 9.5 Crore. This strategic move is aimed at leveraging SFCL’s expertise in R&D and brand management to enhance BAL’s market position and drive growth.

SFCL, a subsidiary of Sudarshan Chemical Industries, boasts a rich legacy of 40 years in the agrochemicals sector. Known for its commitment to quality and innovation, SFCL has earned the trust of farmers across the country. The company’s focus on developing cost-effective manufacturing routes for off-patent molecules has been a key driver of its success.

One of the key assets acquired by BAL through this deal is SFCL’s impressive IP portfolio, which includes 10 patents (applied). This portfolio, combined with SFCL’s R&D capabilities, will provide BAL with a competitive edge in developing new and innovative products for the market.

The acquisition also grants BAL access to SFCL’s popular brands, including “Sutathion,” “Suphos,” “Suchlor,” and “Sumidon.” These brands, known for their quality and effectiveness, will complement BAL’s existing product lineup and help expand its presence in the central and southern regions of India.

The acquisition, finalised through a 100 per

Agribusiness, Company News, Fruits, Horticulture, Supply Chain, Trade, World

The acquisition of Pace bolsters AgroFresh’s presence in key fruit-growing regions in North and South America.

As the pioneer and global leader in post-harvest solutions for fresh produce, AgroFresh Solutions, Inc. announced the acquisition of Pace International LLC, including its domestic and overseas operations (“Pace”). Prior to the transaction, Pace was a subsidiary of Valent BioSciences LLC, a Sumitomo Chemical Co., Ltd. group company. Pace is a respected global provider of sustainable post-harvest solutions, equipment and technical services. The acquisition of Pace bolsters AgroFresh’s presence in key fruit-growing regions in North and South America and further enables the company to support its global customers with quality and freshness solutions for high value and highly perishable crops.

Pace manufactures and supplies edible fruit coatings, fungicides, cleaners and sanitizers, sustainable storage treatments and application equipment for fresh produce. Integrating the Pace business expands AgroFresh’s post-harvest solutions to a broader portfolio of technology, services and digital solutions in both the organic and conventional produce categories, furthering AgroFresh’s ability to support customers in accomplishing their mission of protecting produce quality and freshness on its journey from harvest to home.

“This acquisition enables us to take another important step towards our vision — to be regarded by customers as the post-harvest partner of choice. We are excited to bring the combined portfolios, technical expertise and services of both companies to customers,” says Clint Lewis, CEO at AgroFresh. “Bringing together our two companies allows us to better address the complete needs of customers across a broad array of crops, markets and at every step in the fresh supply chain, ultimately helping customers produce and deliver an abundant supply of quality fresh produce, sustainably.”

In addition to integrating the Pace business into the company, AgroFresh and Valent BioSciences plan to develop a strategic collaboration to accelerate the development of innovation to address the most pressing challenges in the freshness protection space. This collaboration aims to capitalize on the expertise and technology pipeline of Valent BioSciences to develop new post-harvest products, services and digital solutions and to leverage AgroFresh’s global scale and reach to bring them to market.

“Acquisition of the Pace business by AgroFresh will create a post-harvest solutions platform that benefits customers and the food protection industry as a whole through stronger global reach, enhanced services and additional innovation capabilities,” says Salman Mir, President and CEO of Valent BioSciences. “We are excited to collaborate with AgroFresh in developing and commercializing new products, technologies and services that will address key customer challenges.”

With the addition of Pace, AgroFresh is better positioned to address customers’ needs through a full portfolio of products and capabilities. This will be realized along with a continued commitment to advancing innovation in the post-harvest sector and supporting customers in their effort to grow and distribute an abundant supply of sustainable, quality, fresh produce around the world.

AgroFresh Solutions Inc. is a portfolio company of Paine Schwartz Partners, a global leader in sustainable food chain investing. Deutsche Bank served as financial advisor and Morrison & Foerster served as AgroFresh’s legal advisor for the transaction.

The acquisition of Pace bolsters AgroFresh's presence

Agribusiness, Company News, Finance, India, Supply Chain, Transportation

The acquisition is made at an enterprise value of Rs 3,080 crores and company will purchase the 56 per cent stake of the SP Group and 39 per cent of Orissa Stevedores Limited (OSL) in GPL.

Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest ports and logistics company, has entered into a definitive agreement to purchase the 56 per cent stake of the SP Group and 39 per cent of Orissa Stevedores Limited (OSL) in Gopalpur Port Limited (GPL). The acquisition is made at an enterprise value of Rs 3,080 crores and the transaction is subject to statutory approvals and fulfilment of other conditions precedents.

Gopalpur port is located on the east coast of India and has the capacity to handle 20 MMTPA. The Government of Odisha awarded a 30-year concession to GPL in 2006, with the provision of two extensions of 10 years each.

As a deep draft, multi-cargo port, Gopalpur handles a diverse mix of dry bulk cargo, including iron ore, coal, limestone, ilmenite, and alumina. The port plays an important role in supporting the growth of mineral-based industries in its hinterland, like iron & steel, alumina and others. The concessionaire has full flexibility to design and expand the port as per the market demand. GPL has received more than 500 acres of land on lease for development, with an option to receive additional land on lease to meet future capacity expansions.

The port is well connected with its hinterland through the national Highway NH16 and a dedicated railway line connects the port with the Chennai-Howrah main line. # In addition to the enterprise value stated above there is a contingent consideration of INR 270 crores estimated to be payable after 5.5 years, subject to fulfilment of certain conditions as agreed with the sellers.

Karan Adani, Managing Director of APSEZ, said, “The acquisition of Gopalpur Port will allow us to deliver more integrated and enhanced solutions to our customers. Its location will allow us unprecedented access to the mining hubs of Odisha and neighboring states and allow us to expand our hinterland logistics footprint. GPL will add to the Adani Group’s pan-India port network, significantly enhance overall cargo volume, and strengthen APSEZ’s integrated logistics approach.”

In FY’24, GPL is estimated to handle about 11.3 MMT cargo (YoY growth – 52 per cent) and earn a revenue of Rs 520 crores (YoY growth – 39 per cent) and achieve EBITDA of Rs 232 crores (YoY growth – 65 per cent). In our view, the Gopalpur Port is all set for strong growth and margin expansion in FY’25 with opportunities already identified for achieving higher operational efficiencies and infra debottlenecking, implying further value accretion for APSEZ shareholders.

The acquisition is made at an enterprise

Agribusiness, Company News, Foodgrains, Trade

The acquisition opens up new avenues for Vibaantta Global Pvt Ltd to penetrate the highly competitive US and Canada markets.

 Vibaantta Global Private Limited, a prominent player in the rice production and sales sector, has announced its acquisition of BGE Global Distribution Inc, a Florida-based company specializing in the distribution of food-based commodities, particularly Refined Sugar sourced from Brazil and other South American countries.

BGE Global Distribution Inc has distinguished itself as a key player in the food distribution industry, known for its expertise in sourcing high-quality Refined Sugar from Brazil and other regions in South America. With a strong emphasis on quality assurance and reliable supply chains, BGE Global Distribution Inc has earned a reputation for excellence in the food commodity market.

The acquisition by Vibaantta Global Pvt Ltd marks a strategic move aimed at strengthening its position in the global market. By integrating BGE Global Distribution Inc into its operations, Vibaantta aims to enhance its capabilities in sourcing and supplying sugar to its clients, particularly in Africa where there is a growing demand for food commodities.

Commenting on the acquisition, Paras Sachdev, Director of Vibaantta Global Pvt Ltd, expressed enthusiasm about the potential synergies between the two companies. “We are excited about the acquisition of BGE Global Distribution Inc, as it aligns perfectly with our strategic objectives of expanding our product offerings and diversifying our market reach. With their expertise in sugar sourcing and distribution, we believe that this partnership will enable us to better serve our clients and further strengthen our position in the global market.”

Moreover, the acquisition opens up new avenues for Vibaantta Global Pvt Ltd to penetrate the highly competitive US and Canada markets. Leveraging BGE Global Distribution Inc’s established network and market presence in the US, Vibaantta aims to introduce its rice products to consumers in North America.

“This partnership not only allows us to enhance our sugar supply chain capabilities but also provides us with a gateway to enter the lucrative US and Canada markets for our rice products,” Paras Sachdev added. “We are confident that the combined strengths of Vibaantta Global Pvt Ltd and BGE Global Distribution Inc will drive growth and create value for our customers and stakeholders.”

Vibaantta Global Pvt Ltd embarks on this new phase of expansion and growth, the acquisition of BGE Global Distribution Inc underscores its commitment to innovation, strategic partnerships, and delivering value to its customers in the global food market.

With the integration process underway, both companies are optimistic about the opportunities that lie ahead and are committed to delivering excellence in product quality, service, and customer satisfaction.

The acquisition opens up new avenues for

Agribusiness, Biofuel industry, Company News, Sustainability, Trade

The collaboration fosters innovation in the waste-to-energy sector, leveraging unique technologies, research capabilities, and intellectual property from both companies.

Singapore based Blue Planet Environmental Solutions Pte. Ltd. (Blue Planet®), a global leader in sustainable waste management, has finalised the acquisition of Mahindra Waste to Energy Solutions Limited (MWTESL), a subsidiary of Mahindra Group. This strategic collaboration marks a significant advancement in promoting sustainability and circular economy initiatives.

MWTESL specialises in converting municipal wet waste into Bio-CNG through Bio-Methanation, complementing Blue Planet’s expertise in carbon capture and utilisation technologies. This partnership enables the integration of these capabilities to develop comprehensive waste-to-energy solutions that are both environmentally friendly and economically viable.

The collaboration fosters innovation in the waste-to-energy sector, leveraging unique technologies, research capabilities, and intellectual property from both companies. Joint efforts in research and development aim to drive breakthroughs in sustainable energy production and waste management, contributing to a circular economy.

Blue Planet’s Co-Founder & CEO, Prashant Singh, commented, “This collaboration unlocks new markets and opportunities. Together, we will penetrate new regions and deliver integrated waste management and renewable energy solutions. This partnership undoubtedly strengthens our capabilities and impact in the region.”

Founded in 2017, Blue Planet is a Singapore headquartered company driving regional sustainability through technology-driven and IP-based end-to-end solutions for waste management and upcycling. The company has created a carefully designed platform for end-to-end waste management solutions. The goal is to apply these technologies across various stages of the waste life cycle to be able to close the loop, provide circular economy solutions and achieve the vision of zero waste to landfill.

The collaboration fosters innovation in the waste-to-energy

Agribusiness, Agro chems – Pesticides, Company News, Europe

The acquisition will broaden EMIS’ product offering in the French market, taking full advantage of the Group’s wide range of solutions for crop protection.

Arrigoni S.p.A., a leading player in the production and distribution of solutions for crop protection, has successfully completed the acquisition of Financiere European Trade S.A.S. and its subsidiary European Trade S.A.S. (“EMIS”), a French company based in Aix-en-Provence, active in the distribution of products mainly related to the agricultural sector.

EMIS offers a wide product portfolio, including nets and films for multiple applications and related accessories. The company has been led since its establishment by the Moulias family, in particular by Sébastien Moulias and his father Philippe.

The acquisition of EMIS, which is consistent with the Group’s growth strategy, will enable Arrigoni to (i) strengthen its presence in foreign markets, in particular in France, through a direct presence; (ii) broaden EMIS’ product offering in the French market, taking full advantage of the Group’s wide range of solutions for crop protection; and (iii) improve customer service through a better understanding of their specific needs, greater geographical proximity and the development of tailor-made solutions.

The Moulias family, which has reinvested in the Group sharing the soundness of the transaction, will continue to lead the Group’s business activity in France under the leadership of Sébastien Moulias.

Sébastien Moulias said, “I am very happy for the successful completion of the transaction with Arrigoni, a leading player in the world of crop protection, which will enable us to consolidate our growth path in the French market thanks to the multiple commercial synergies”.

Paolo Arrigoni added, “We are thrilled about EMIS joining the Group, allowing us to have a direct access to an interesting and fast-growing market such as the French one. I would like to thank the Moulias family, whom we have been working with since a long time, that has now chosen to share with us its future path”.

Arrigoni has been assisted by Ashurst Studio Legale Associato for legal due diligence and legal aspects and by KPMG for financial and tax due diligence.

The acquisition will broaden EMIS' product offering

Agrotech, Company News, India, Inputs, Seeds, Trade

Crystal anticipates a substantial boost in its seeds business revenues, sees an increase of approximately 20 per cent.

Crystal Crop Protection Limited, one of the fast-growing R&D-based crop protection manufacturing and marketing companies in India, has strengthened its cotton seeds portfolio with the strategic acquisition of Sadanand Cotton Seeds business from Kohinoor Seeds.

The acquisition will boost Crystal’s goal of providing end-to-end innovative and progressive solutions to stakeholders in the cotton seed business. With a persistent commitment to innovation and quality, Crystal Crops has consistently demonstrated its dedication to enhancing agricultural productivity and crop yields for farmers across the country.

Commenting on the acquisition, Satyender Singh, CEO of Seeds at Crystal Crop Protection, said: “We firmly believe that this strategic acquisition will not only reinforce our market presence in the Cotton Seeds segment but will also substantially enhance our reach and accessibility within the broader Seeds industry. In a market where approximately five crore packets constitute the cotton seed sector, displaying consistent performance over recent years, the importance of cotton as a pivotal cash crop for farmers cannot be emphasized enough. Crystal’s commitment to actively collaborating with farmers to amplify their income levels remains consistent. This acquisition represents an important milestone in further solidifying Crystal’s presence within the cotton crop sector. We look forward to continuing the legacy of Sadanand and delivering exceptional value to our customers.”

Commenting on the acquisition, Pawan Kansal, Managing Director, Kohinoor Seed Fields India Private Limited said: “We are delighted that Crystal Crop Protection has acquired ‘Sadanand’. Crystal Crop Protection is a leading company in the segment and has been making giant strides in this space through focus on innovation and digitalisation. We believe that this acquisition will provide a unique synergy of strengths to build the brand further.”

Crystal’s seeds business has experienced substantial growth in recent years, driven by a combination of organic and inorganic expansion efforts. Today, Crystal occupies a formidable presence among the leading seed providers in multiple segments, including cotton, mustard, fodder, sorghum and pearl millet. With the strategic acquisition of Sadanand Cotton Seeds from Kohinoor Seeds, Crystal anticipates a substantial boost in its seeds business revenues, projecting an increase of approximately 20 percent.

This significant acquisition marks the tenth addition to Crystal’s strategic portfolio and represents the fourth investment in the Seeds business. Some notable acquisitions in the past have been the acquisition of Cotton, Pearl Millet, Mustard, and Sorghum portfolios from Bayer in 2021. In previous years, Crystal has successfully acquired a range of agrochemical and seed brands from multinational companies such as Syngenta, FMC, and Dow-Corteva etc. Additionally, the company expanded its manufacturing capabilities through the acquisition of a production facility from the Solvay group in Nagpur in 2018.

Crystal anticipates a substantial boost in its