Syngenta Crop Protection acquires biologicals company Valagro
Swiss agrichemicals company Syngenta Group announced that its subsidiary Syngenta Crop Protection has acquired biologicals group Valagro.
The financial details of the transaction have not been disclosed by the company.
With 40 years of experience as an innovation pioneer in the field of Biologicals, Valagro will continue to operate as an independent company in the market.
Through the acquisition, Syngenta’s subsidiary is expected to be positioned as one of the global companies poised to shape the growing Biologicals market that is set to be doubled in size in the next five years.
The company said that the deal is in line with its strategy to provide extra complementary products and technology choices to the farmers to care for their crops by managing resistance, enhancing soil health, reducing residues in crops, and addressing consumer demands.
Oct. 9, 2020