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Rubber, palm and banana, plus a whole lot more.

Through specific Intellectual Property (IP) techniques, Deroose is able to increase yields per hectare for these plants thereby improving their sustainability  profile. AgriFORCE is looking to acquire other crop IP, adding to Deroose’s crop IP portfolio and potentially increasing yields of other new and high value crops including horticulture and fruits and vegetables.

“Our two companies are strongly aligned with transforming the agriculture industry through IP, innovative technologies and expertise that enable cleaner, better yielding crops with reduced environmental impact,” explained Ingo Mueller, CEO of AgriFORCE, regarding the rationale behind the proposed acquisition.

One particular focus of the planned purchase will be the ability to produce greater yields on ever-decreasing amounts of available land in tropical climates. With arable land increasingly scarce and governments not making additional new land available for crops like rubber and banana, harvesting as much as you can within these limitations becomes ever more important, something both companies are aligned on.

“We have invested over a decade in development of this IP and believe we can significantly improve the impact that these crops have on the environment, while providing much needed supply sources to the rubber and food industries,” said Maurice van Winden, CEO of Deroose.

Builds on Other Acquisitions

AgriFORCE reports that it is exploring the potential to build on Deroose’s existing Florida campus to replicate Delphy’s planned R & D center for North America. 

The Deroose company and IP acquisition, which looks likely to cost about $69 million, is attractive to AgriFORCE because of the patent portfolio Deroose enjoys.

“In addition, we believe Deroose’s IP provides significant barriers to entry to potential competitors, given the robust patent estate, and typically over 10 years to research and develop such processes,” Mueller of AgriFORCE said.

Both the Deroose and Delphy acquisitions would fit well with AgriFORCE’s intention to build on its foundational IP both through further technology development and by acquiring or partnering with other IP innovators in the food industry. 

This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice.