Sept. 2, 2019 — Syngenta has announced that it has completed the acquisition of all relevant assets of The Cropio Group, an ag tech company with a presence in over 50 countries and with a primary focus in Eastern Europe. Approximately 25 million acres of crops are currently managed using Cropio.
With this acquisition, Syngenta will be the only agricultural company to have access to leading management platforms in the top four agriculture markets: in the United States with Land.db, Brazil with Strider, China with the Modern Agricultural Platform and now Eastern Europe with Cropio. Combined, more than 98 million acres globally will be managed using a Syngenta digital tool, with a plan to double by the end of 2020.
The financial terms of the transaction are not disclosed.