InVivo Acquires Syngenta’s Bioline Division
InVivo recently signed an agreement to acquire, Syngenta’s Bioline division through its holding company InVivo AgroSciences.
Bioline, a subsidiary of Syngenta specializes in the production and marketing of biological control agents, and in particular macro-organisms active against insects pests in flower crops, fruits and vegetables.
InVivo is a major agricultural cooperative group headquartered in France.
By joining forces, Bioline and Biotop (an InVivo subsidiary working in biological pest control) will become a global player in this fast-growing market segment.
“The acquisition of Bioline from Syngenta demonstrates InVivo’s strategic ambition to invest in high-potential solutions that will enable [growers] to produce more … while ensuring the greatest respect for natural balances,” said InVivo’s CEO THierry Blandinieres.
Strengthened by its long-standing know-how with its subsidiary Biotop, the acquisition of Bioline will enable InVivo to build the capacities required to develop a significant activity in biosolutions.