Ag-Tech Company AgriFORCE Expands With Tissue Culture Company Acquisition
AgriFORCE, an ag-tech company focused on the development and acquisition of crop production expertise, has entered into an agreement to acquire Deroose Plants, one of the largest tissue culture propagation companies in the world with a strong position in horticulture. The announcement comes shortly after the acquisition of Delphy by AgriFORCE.
Deroose Plants Group is a global supplier of young plant material. Deroose and its subsidiary Exotic Plants produce a large variety of plants in their laboratories and greenhouses in Europe, Asia, and the U.S. A team of more than 800 people services customers both with young plants and finished plants globally.
“Adding to the momentum of our recent definitive agreement with Delphy, we are thrilled to welcome Deroose Plants into the AgriFORCE family of companies as we continue to move forward with our vision to be a world leader in delivering next-generation foods and plant products for businesses and consumers,” says Ingo Mueller, CEO of AgriFORCE Growing Systems. “Our companies are strongly aligned with transforming the agriculture industry through innovative technologies and expertise that enable better crops with reduced environmental impact. We also look forward to capitalizing on a variety of business synergies, including building on their Florida campus to replicate Delphy’s R&D innovation center for the North American markets.”
“With over 40 years of experience, Deroose Plants is a highly innovative company specialized in tissue culture propagation, and we are very excited to join AgriFORCE,” says Maurice van Winden, CEO of Deroose Plants NV. “There is a strong focus on R&D and expanding knowledge. Joining forces speeds up the development of new crops, new cultivation techniques, and the pursuit new market opportunities. We can further strengthen our position in floriculture and expand our fruit and vegetable operations.”
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