Further biologicals acquisition


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21 December 2022
Corteva signs agreement to take over Stoller.

CHEMICAL and seed company Corteva has signed an agreement to acquire Houston-based Stoller, one of the largest independent biologicals company in the industry, which has operations and sales in more than 60 countries.

Stoller is the second biologicals acquisition for Corteva this year, as the company recently announced it signed a definitive agreement to acquire Symborg, an expert in microbiological technologies based in Murcia, Spain. 

The Stoller purchase price was $1.2 billion and will be paid at closing, which is anticipated to be completed in the first half of 2023 following regulatory approvals and satisfaction of customary closing conditions. 

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