FMC Corporation Acquires BioPhero ApS
June 30, 2022
FMC Corporation will acquire Danish pheromone producer BioPhero ApS from Novo Holdings for approximately USD 200 million. The deal expands FMC’s biologicals platform by adding BioPhero’s cost-efficient biotechnology process for pheromone production; BioPhero will remain headquartered in Copenhagen and the transaction was expected to close by end of Q3 2022.
- Buyers
- FMC Corporation
- Targets
- BioPhero ApS
- Sellers
- Novo Holdings
- Industry
- Agriculture
- Location
- Denmark
- Transaction Type
- Buyout
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