Floridienne acquires remaining 50% of Biobest Maroc for €30M

Floridienne is buying out its Moroccan partner's 50% stake in Biobest Maroc for €30M, consolidating full ownership of a key beneficial-insect production hub. The deal, pending Moroccan Competition Council approval, is expected to close before end of FY2026. This signals strategic vertical integration in biological crop protection, with continued commercial collaboration with the former partner.