AgroGreen
Biological Pesticides and Nematicides Using Microorganisms
Company Overview
Snapshot
Founded in November 1999, AgroGreen operated with 11–50 employees. The company was acquired by Bayer in March 2009, marking a significant exit in the agricultural technology sector.
Business overview
AgroGreen was a biotech company focused on developing biological pesticides and nematicides using microorganisms. The company produced products like BioSafe and BioNem-WP to protect crops from harmful nematodes, leveraging technology initially licensed from the Volcani Institute. AgroGreen served the agriculture and food technologies sector, specifically targeting crop protection within the farm equipment and treatment category.
Strategic signal
In January 2010, news surfaced regarding Bayer's acquisition of AgroGreen's biofungicide technology. This event, following the actual acquisition in March 2009, highlighted the strategic interest of major agricultural players like Bayer in biological solutions for pest control, signaling a market validation for AgroGreen's microorganism-based products and the broader agtech trend towards sustainable crop protection.
Log in to access full profile ›Company Intelligence Q&A
- What was AgroGreen's primary focus?
- AgroGreen specialized in developing biological pesticides and nematicides, utilizing microorganisms to protect crops from harmful nematodes.
- When was AgroGreen founded?
- AgroGreen was founded in November 1999.
- Which company acquired AgroGreen?
- AgroGreen was acquired by Bayer in March 2009.
- What products did AgroGreen offer?
- AgroGreen developed and offered products such as BioSafe and BioNem-WP for crop protection.
- What was the strategic significance of Bayer's acquisition of AgroGreen?
- Bayer's acquisition of AgroGreen in March 2009 underscored the growing importance of biological solutions in agricultural pest control and validated AgroGreen's microorganism-based technology.