Westerlo, Belgium and Guadalajara, Mexico, 28 June 2017
Biobest and Distribuciones IMEX today announced that Biobest has acquired a 100 % equity stake in IMEX. IMEX is a well-known Mexican distributor of environmentally friendly solutions for plant health and pollination, serving the countries’ growing horticultural industry. Biobest and IMEX started collaborating in 2002 with IMEX importing bumblebees from Biobest’s Canadian operation. They became joint venture partners in 2008, setting up Biobest Mexico SA de CV, a company producing bumblebees and beneficials with IMEX distributing these products in the Mexican market. The transaction reflects Biobest’s confidence in the growth potential of sustainable horticulture in Mexico.
Lic. Hugo Hernandez, CEO of IMEX: ”The Mexican market for our products is in full swing. We believe Biobest has the potential to be an excellent partner for the future. I envision a partner for IMEX that is well aligned with our goals and values: providing customers with sound advice and a full suite of safe and natural solutions, creating a solid future for our team and offering an excellent growth opportunity for all of my trusted suppliers. We have successfully worked together with Biobest first importing, then jointly producing bumblebees and beneficials in Biobest Mexico SA de CV. That collaboration provides a strong foundation to be confident and optimistic about the prospect of fully integrating our activities in Mexico. I am pleased to continue leading the company in the coming years.”
Jean-Marc Vandoorne, CEO of Biobest: “This is a good time for a win-win deal with a trusted long term partner. We aim to ensure continuity for the long term and increase our stakes in a market with great potential. Biobest is following an ambitious growth strategy: we simultaneously leverage opportunities for internal growth and growth through acquisition. We value a lot IMEX’s team and its commercial network with customers and international suppliers. As in other transactions we have done, continuity and leveraging the knowledge and the network of both sides will go hand in hand.”
For more information please contact:
• Biobest – Lise Verachtert (email@example.com)
• IMEX – Lic. Hugo Hernández (firstname.lastname@example.org)
Borregaard Bioplant ApS and Biobest NV today announced the closing of a transaction under which Biobest acquires an equity stake in Borregaard Bioplant and its Swedish subsidiary Biobasiq Sverige AB.
Steen Borregaard, the company’s founder, remains at the helm of the company. Steen emphasizes that the agreement is structured to ensure continuity: “Borregaard Bioplant will continue to operate as an autonomous company and maintain its customer portfolio as well as its unique setup of various international suppliers. Our customers and suppliers can count on us to maintain and extend the high standard of service and broad range of products.”
Steen Borregaard initiated his activities in the early eighties and established Borregaard Bioplant ApS in 1992. In 2004, the Swedish subsidiary Biobasiq Sverige AB was launched and subsequently Borregaard Bioplant has become the leading supplier of biocontrol solutions to the horticultural industry in Scandinavia.
“We built our success on the capability of our highly skilled team to deliver sound advice to our customers, combining products from different international suppliers”, Steen Borregaard mentions and continues: “After more than 30 years in the business, it was appropriate to look for a long term partner and Biobest was the obvious choice as one of our trusted suppliers for many years. The strategic partnership with Biobest will enable a sustainable development of the company to the benefit of all stakeholders.”
For Biobest, this transaction further strengthens its presence in direct distribution activities in a promising Scandinavian market. The values and vision of Borregaard Bioplant are well aligned with those of the Biobest group. A strong capability to advise customers worldwide on sustainable crop management is what fuels the company’s long-term growth.
Jean-Marc Vandoorne, CEO of Biobest states: ”I take pride in the fact that a highly respected company like Borregaard Bioplant values the long-standing business collaboration that we’ve had and decided to accept Biobest as a shareholder and strategic partner. We know that Steen and his team are driven to provide excellent service and innovative solutions to their customers and we are excited to strengthen our relationship. The transaction further accelerates our global strategy to develop strong interactions with growers, and to offer them a complete range of natural solutions.”
For more information please contact Lise Verachtert (email@example.com).
Westerlo, Belgium and Thika, Kenya, 2 December 2016
Biobest and Real IPM Kenya today announced that they have entered into an agreement with a view for Biobest to acquire Real IPM Kenya Ltd. Real IPM is a leading company in biological control in East Africa. Its broad market presence ranges from the export driven flower market to the smallholder cereals farmer. Biobest, headquartered in Belgium is a leading global player in pollination and biological control. It will now get a strong foothold in a part of the world where it has been absent until today. Both companies emphasize the synergies that the transaction will bring. The transaction is due to close in early 2017, subject to authorization by the Competition Authority of Kenya and other regulatory approvals.
“We started Real IPM Kenya about 15 years ago,” say Henry Wainwright and Louise Labuschagne. the Company’s co-founders, owners and directors. “We passionately wanted to bring affordable and effective biological solutions to African farmers. Thanks to a strong and committed team, a broad product portfolio with several beneficials and unique biopesticides, and a diverse and loyal customer-base in Kenya, Ethiopia, Tanzania, South-Africa and beyond, we can be proud of our success. Opportunities for further growth abound, but for us the time has come to start preparing for a phase in life during which we can dedicate more time to our family. We were looking for a corporate partner that would be sensitive to our personal and corporate values, and that we can trust to further build on the strong foundations that we have laid. We are very confident that Biobest is the right partner for us.”
Henry Wainwright adds: “I will continue on as General Manager of Real IPM Kenya for the next two years to ensure continuity and a seamless transition. I am sure this transaction creates opportunities for my team to further realize its potential as well as for Biobest to successfully contribute to sustainable farming in Africa. Our existing and future customers and distributors will benefit from the synergies represented in this alliance.”
Jean-Marc Vandoorne, CEO of Biobest, comments: ”Our goal is to serve the needs of growers on a worldwide basis in our strategic crops. East and Southern Africa is a hotspot for floriculture and horticulture, but also for citrus and other open field crops. With Real IPM Kenya we immediately play in the premier league in this part of the world. We very much respect the position the company has built and are therefore grateful that Henry is prepared to continue to take the helm. We are confident that we can help develop Real IPM’s product offering based on our own product portfolio and R&D pipeline. Together we can bring even more complete and more effective solutions, in line with the needs of the African farmer. The product portfolio of Real IPM Kenya, and its partner company Real IPM UK, is also complementary to ours in other markets. Finally, it is a major competitive advantage to have a strong production infrastructure in East Africa. Local customers enjoy good quality and competitive prices in view of the excellent production conditions for biocontrol agents in this region. That explains why it is really difficult to be strong in the local market without local production.”
Biobest, headquartered in Belgium, a leading player in bumblebee pollination and biological control offers a complete range of natural crop care solutions. The company takes pride in providing growers with tailor-made advice to achieve their economic and environmental goals.
Real IPM Kenya, headquartered in Thika just outside Nairobi, Kenya, is the foremost biocontrol solutions provider in Kenya and the larger Eastern Africa and seeks to design and implement robust IPM programs which actively replace pesticide inputs and improve crop quality and yields for growers and consumers. Real IPM’s transaction advisor is BlackGold Investments, a Kenyan advisory and investments firm.
For more information, please contact:
Jean-Marc Vandoorne: firstname.lastname@example.org
Henry Wainwright: email@example.com
Biobest Belgium N.V. | Ilse Velden 18 | B-2260 Westerlo | tel.: +32 14 25.79.80 | fax: +32 14 25.79.82 | firstname.lastname@example.org | www.biobestgroup.com
“As it grows Fethiye Agritech is attracting visitors, including growers, distributors and students, from other regions of Turkey,” says Biobest Antalya’s Çağlar Çiftçi. “Regional fairs provide great opportunities to reach Turkish growers, who welcome such events giving them easy access to current and new products and technologies.”
Biobest Antalya started producing two beneficial insects – Nesidiocoris tenuis and Orius laevigatus – towards the end of 2015 becoming the first commercial mass producer in Turkey. Fethiye Agritech provided an opportunity for visitors to see these two beneficial insects in close up.
“Sweet pepper is still the number one crop for IPM in Turkey,” explains Çağlar. “However, the introduction of locally produced Nesidiocoris is now set to boost adoption of IPM technology in Turkish tomato crops – with over 24,000ha of production. Biobest’s product quality and experienced technical services puts it in a strong position to develop this market.
“Turkey’s main export market for vegetables is currently Russia. The market is looking for alternative export destinations not influenced by political issues. IPM provides a path to reach this goal.
“Biobest sustainable crop protection strategies are set to play a significant role in Turkey’s future export business.”
Drosophila suzukii, a pest originally from Asia, is the newest threat to soft fruit growers in southern Europe. Yield losses run into millions. A lot of research is being conducted to develop new methods to control suzukii (including the use of biological predators). With current methods, extensive pest monitoring with traps is essential and Biobest’s Droso Trap™ is the best option.
Drosophila suzukii, also known as Spotted Wing Drosophila, is every year more and more feared among growers of soft fruits in Europe and outside Europe. Females lay eggs inside soft fruits like strawberry, cherry, raspberry and blueberry. Since this vinegar fly species, originally from Asia, invaded many European and American countries, effective control of this pest is high on the agenda of the industry.
A recent international conference organized by Phytoma-España (www.phytoma.com), the Spanish branch of the professional journal Phytoma focused on this pest. The meeting took place on 5 and 6 May in the Polytechnic University of Valencia.
As part of the general pest control strategies a scientific evaluation, of the D. suzukii traps and attractants from different companies, was presented. The results by independent researchers gave serious heart to Biobest’s R&D department. The company’s Droso Trap™ was identified as the best option for trapping D. suzukii. “Several Spanish and French researchers rated the Biobest trap as the most effective one currently available,” says Cristina Navarro researcher who attended the conference. “The project group that performed the evaluation described the Droso Trap™ technology as the reference trap for their trials, both in monitoring and in mass trapping experiments.”