Bioceres Crop Solutions Corp CEO Federico Trucco tells Proactive the Rosario, Argentina-based provider of crop productivity technologies is expected to merge with Raleigh, North-Carolina-based Marrone Bio Innovations (NASDAQ:MBII).
Trucco says Marrone, the manufacturer of biological products for crop protection, crop health and crop nutrition is the most advanced company in its space, and gives Bioceres the potential to scal globally and broaden its products. It is expected to close in the third quarter of 2022.