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Stocche Forbes and Demarest on Biobest’s acquisition of Biotrop
September 13th, 2023
Stocche Forbes advised Biobest do Brasil, a subsidiary of Biobest Group NV, on the acquisition of 85% of Biotrop Participações, based on an enterprise value of R$ 2,8bi, a leading agtech focused on biologicals and natural sustainable solutions for agriculture, with strong presence in South America through its Brazilian subsidiary Total Biotecnologia Indústria a Comércio, and subsidiaries in Argentina, Chile, Ecuador, Peru, Paraguay, Colombia, and also in United States, Portugal and Mexico. The remaining 15% may be acquired by Biobest after a transition period of three years. The closing of the transaction is subject to the satisfaction of customary conditions precedent.