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Agriculture

Corteva continues push into biologicals with Stoller acquisition

by Matt Blois
December 15, 2022 | A version of this story appeared in Volume 100, Issue 44
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Corteva Agriscience has agreed to buy the crop biologicals company Stoller Group for $1.2 billion. Stoller makes microbial and other products that can improve a plant’s ability to absorb nutrients or tolerate stressful conditions. Stoller expects to achieve $400 million in sales next year. In September, Corteva announced plans to acquire Symborg, which makes biostimulants and biofertilizers to increase nutrient uptake and crop yields. Corteva says it has been building its biologicals portfolio over the past few years.

Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society

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