Biological Control Agents. InVivo has signed an agreement to acquire, through its holding company InVivo AgroSciences, Bioline, a subsidiary of Syngenta specialized in the production and marketing of biological control agents, and in particular macro-organisms active against insects pests in fruits, vegetable and flower crops.
By joining forces, Bioline and Biotop, a long-standing InVivo subsidiary working in biological pest control, will become a truly global player in a high-potential and fast-growing market. Investing in high-potential businesses to create French champions with critical mass is one of the clearly stated ambitions in the “2025 by InVivo” strategic plan. On the same level as digital agriculture, biosolutions* are among the main future paths that the InVivo group intends to explore as part of its drive to produce more and better. Strengthened by its long-standing know-how with its subsidiary Biotop, the acquisition of Bioline will enable InVivo to build the capacities required to develop a significant activity in biosolutions. The growth of this USD 2.8 billion market is estimated at 10% a year for the coming ten years.
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