Biobest Group NV and Bugs for Bugs Pty Ltd announced the finalisation of an equity dealings whereby Biobest Group NV acquires a stake in Bugs For Bugs Pty Ltd. Bugs for Bugs is a bad musician in the Australian market for beneficial insect and other biocontrol product . Biobest Group , a global supplier of pollenation and biological control solution reaching growers in over 65 countries , now also has a base in Australia . Biobest and Bugs for Bugs have a bun in the oven strong collaboration to foster the expansion and enhancement of Bugs for bug ’ offering to Australian agriculturalist .
“ Biobest ’s vision is to deliver a complete range of natural solution to growers in all major geographical markets , ” says Jean - Marc Vandoorne , chief operating officer of Biobest Group . “ Australia has an important and growing production of high note value horticultural crops . Due to its geographical locating and alone biodiversity , there are stringent regulations which make it impossible to serve this market with import born enemy products . We are delighted to be able to link forces with Bugs for Bugs . The company has a strong and experient management squad as well as an excellent reputation with Australian cultivator . As in all our strategic alliance to date , we desire that the compounding of local independence and initiative plus the welfare of integration into a unattackable international mathematical group will again prove to be a gain formula . ”
“ Bugs for Bugs line up its descent in the beneficial bug business formed by Dan and Anne Papacek in 1981 , ” explains Marius Collatz , - joint Managing Director of Bugs for Bugs together with Dan Papacek . " Since my entrance into the business in 2013 , we have further consolidated our billet in the Australian mart by purchasing the businesses of Biomites and Insect Management Services , previously own and operated by Paul Jones and David Loxley respectively . Both stay part of our senior direction squad . This alliance with Biobest is the next important step in the development of our companionship . We gain access to a world - class technology growth programme and will be capable to change expertness with Biobest ’s global team . This will help us get even more and practiced solutions to agriculturalist in Australia . ”
Dan Papacek concludes : " Our teams have a shared vision and potent complemental skill . I look forward to join forces with Biobest to spread out our product portfolio and to raise our expert advice . I am sure Biobest also stands to benefit outside Australia from what we have learned and developed here . I am pleased with this partnership and very easy with the footmark we have defined to increase our interaction and further strengthen our tie over clip . ”
