Alltech Crop Science acquires agri-food research and development business

Strengthening its commitment to Working Together for a Planet of Plenty™, Alltech Crop Science has acquired Ideagro, based in Murcia, Spain. This partnership joins two leading platforms to accelerate soil and crop research and to enhance biological and other microorganism-based offerings to Alltech Crop Science customers throughout the world.

"We are excited to announce that Ideagro has joined the Alltech Crop Science global team, providing us with a partner who shares our vision and significantly scaling our research capabilities," said Andy Thomas, CEO of Alltech Crop Science. "This is the strengthening of a longstanding partnership. We have worked closely with the Ideagro team since their founding 11 years ago."

Left to right: Mike Castle, Chief Operating Officer, Alltech; Pedro Palazón, CEO, Ideagro; Dr. Mark Lyons, President, and CEO, Alltech; Andy Thomas, CEO, Alltech Crop Science; Christopher Speight, Chief Financial Officer, Alltech

Ideagro is a leader in agri-food research and development with a team of more than 20 scientists. It is committed to improving the productivity and profitability of agricultural systems. Its expertise in developing beneficial organisms for soil aids crops' growth, reduces the impact of chemical inputs and helps plants resist biotic and abiotic stress. Ideagro's analytical capabilities, with special emphasis on in-vitro research, phytopathology, soil dynamics, and microorganisms, further enable growers to identify microorganisms and quantify enzymatic activity in the soil.

"We are facing a great growth opportunity for Ideagro because we are going to have better means and more technological capacity to develop our research, which will now have a global projection," said Pedro Palazón, CEO of Ideagro. "We will no longer only study the soils of the Iberian Peninsula, but we will work with soils from all over the world to achieve more sustainable and environmentally friendly agriculture."

Ideagro has laboratories and experimental research stations, and fields for carrying out trials in Spain. To date, the company has researched more than 90 different crops and performed more than 10,000 physicochemical and biological analyses. This has led to the development of new agricultural strategies based on microorganisms.

"The combination of the Ideagro expertise with the reach and scale of Alltech will allow us to extend world-leading understanding of the interface between soil, crop, animal, and human health to the global market," said Andy Thomas, CEO of Alltech Crop Science. "The potential implications of these insights cannot be understated as we endeavor to improve the vitality of our global food system from the ground up."

For more information:
Alltech Crop Science
alltech.com


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