Arysta acquires biosolutions business Verios
Platform Specialty Products’ agrochemical business, Arysta LifeScience, has acquired the business assets of South African biosolutions supplier Verios.
The company is made up of Verios Agro and Veriprod. Verios specialises in the development and distribution of microbial and micronutrient-based biostimulants and “innovative” nutrition products. Arysta president Diego Lopez Casanello says that the company is “excited” by the potential from the acquisition. “With this step, we add an innovative microbial technology platform to our biosolutions business that has growth potential both within South Africa as well as in other regions of the world.” The Arysta chief says that the company will seek out further acquisitions “in this exciting, high-growth market as a key pillar of our strategy”.