Biobest acquires Agrotech to strengthen its biological business layout

Founded in 1998, Agrotech specializes in the supply of horticultural and plant protection products. Agrotech specializes in providing quality products for the horticultural vegetable industry and distributes, in addition to Biobest's biologics solutions, fertilizers, coir substrates, plant protection products, vegetable seedlings, horticultural equipment and machinery. Since 2004, the company has been providing biocontrol and pollination solutions to growers in Austria and some surrounding countries, and is also the exclusive distributor of Biobest, providing first-class technical advice.

The acquisition will bring Biobest's technology expertise, Biobest Academy, and a comprehensive portfolio of innovative products, including IPM solutions, to market and drive research and development collaborations.

Agrotech Manager Roman Kolbl said: "We are delighted to see the rapid growth of the biocontrol industry worldwide. Growers are becoming more familiar with biological control and will often try all biological control methods before using alternatives to chemical pesticides. With a number of tailored recommendations and prevention methods, Austrian growers are adopting more and more beneficial organisms. In addition, the growing supply of biopesticides is also helping to ensure the spread of IPM. Agrotech provides Austrian growers with reliable biocontrol advice and a fast supply of quality products. We have had a long relationship with Biobest and are pleased to now have Biobest as our sole shareholder."

″Marc Mertens, Chief Sales Officer of Biobest Group, said: "We firmly believe in the growth potential of the Austrian market, which is why we have acquired Agrotech. With this strong long-term relationship, we will further expand our product portfolio in Austria and increase our market share. Biobest will strengthen its support to Agrotech and Austrian growers to further expand the application of biocontrol products."

In the past three years, Biobest has made frequent acquisitions, including the acquisition of Agronologica, a Portuguese distributor, Plant Products, a Canadian distributor and Biological Services, an Australian biological control company.