Sustainable Agro Solutions (SAS) has acquired Biovert, which specialises in biostimulants, biocontrol and plant nutrition under its Manvert brand.
In a statement on LinkedIn, SAS’s CEO Eduard Vallverdú Vidal said the acquisition had been completed, and that Biovert was a company close to SAS both in proximity and culture. Both companies are based in Spain.
“Biovert has a broad portfolio of high-quality products including algae extracts, an area of strategic interest for our business, and extensive knowledge in the biostimulant sector,” continued Vallverdú Vidal.
“They also have a leading position in organic solutions. Biovert has experience and a committed management team that has a clear strategic vision and has fostered a work culture based on innovation and excellence.”
SAS was itself acquired by Stirling Square Capital in July 2021, read.
Read our recently released JUNE/JULY 2023 issue of our quarterly journal New AG International, here.