InVivo, the French co-operative agribusiness, is to acquire Bioline, the Syngenta business that specialises in the production and marketing of biological control agents for the control of insect pests in fruit, vegetable and flower crops.
The co-operative will combine Bioline with Biotop, its long established biological pest control company, within its InVivo AgroSciences division. It says the two companies are a highly complementary fit with expertise in arable and specialty crops; the geographical footprint in France and internationally, and their combined portfolio of macro-organisms.
Bioline is strong in the macro-organisms market, particularly in the mites used in northern Europe to control predatory insects in greenhouse crops. Biotop has a bioplant in the Drôme department of France that specialises in the producing ephestia - eggs used for raising auxiliaries -and trichogramma, a micro-wasp that controls the corn borer pest.
“By joining forces, InVivo will become a truly global player in a high-potential and fast-growing market, one that is worth $2.8 billion annually now, and is set to grow by 10% a year,” says a company statement. “The acquisition will enable InVivo to build the capacities required to develop a significant activity in biosolutions. Investing in high-potential businesses to create French champions with critical mass is one of the clearly stated ambitions in the ‘2025 by InVivo’ strategic plan. On the same level as digital agriculture, biosolutions are among the main future paths that the InVivo group intends to explore as part of its drive to produce more and better.”