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Brazil: Agricultural Technology

Syngenta to Acquire Agtech Company Strider

| Editor: Ahlam Rais

Completion of the transaction is subject to clearance by the relevant merger-control authorities.
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Completion of the transaction is subject to clearance by the relevant merger-control authorities. (Source: Deposit Photos)

The business deal is expected to boost Syngenta’s ability to provide innovative digital solutions on the farm.

Basel/Switzerland – Syngenta, one of the leading agriculture companies helping to improve global food security has recently announced that Syngenta has entered into a binding agreement to acquire Strider, a Brazilian Agtech company focused on operational management solutions for farms. Completion of the transaction is subject to clearance by the relevant merger-control authorities. Financial terms of the transaction are not disclosed.

Strider is an important player in the Latin American digital agriculture market and the transaction will enhance Syngenta’s ability to bring greater value to customers by providing innovative digital solutions for the management of on farm information.

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