27 March 2018, 11:50, World

Syngenta to acquire Brazilian Strider

Syngenta and Strider announced that Syngenta has entered into a binding agreement to acquire Strider, a Brazilian AgTech company focused on operational management solutions for farms.

Completion of the transaction is subject to clearance by the relevant merger-control authorities. Financial terms of the transaction are not disclosed.

Strider is an important player in the Latin American digital agriculture market and the transaction will enhance Syngenta’s ability to bring greater value to customers by providing innovative digital solutions for the management of on farm information.

Note: Strider develops technological innovations for the agricultural market. The company was born in 2013 with the mission of making agricultural management more efficient and assertive. The company provides technological solutions which focus on the needs of producers and their teams. Strider is already a leader in agricultural technology.