Biobest Group N.V. (“Biobest”) and Aqua Capital, GIC and management of Biotrop jointly announce the signature of a binding agreement on the acquisition of Biotrop Participações s.a (“Biotrop”) by Biobest. Biotrop, a leading and fast growing player in Brazil’s booming market for biologicals, is expected to realize BRL 679m (EUR 128m) turnover in 2023. Biotrop is controlled by Aqua Capital, a São Paulo-based private equity firm with an agribusiness focus.
