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Biobest signs agreement with Aqua Capital and GIC to acquire Biotrop in Brazil

12 September 2023
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.

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