Australia’s leading agrobusinesses Staphyt and Peracto have announced a merger.
On July 1, Staphyt will acquire 100 per cent equity of Peracto Pty Ltd.
Since 1989, Staphyt has grown to be a global leader in agronomic research and regulatory advice, with some 70 sites across Europe and operations in 12 countries. Peracto, founded in 1976 and headquartered in Devonport, provides independent R&D and technical services to agribusiness clients across Australia and New Zealand, among others.
Olivier Marchioro, general manager of Staphyt said “With this first acquisition outside Europe, Staphyt enters into a new region and expands its geographic reach and our in house service portfolio in the southern hemisphere.”
Peracto managing director Ian Macleod said the Peracto team and brand will remain the same. “What will change over time is an increase in our ability to offer our clients an even greater array of services to help them solve their problems and improve their outcomes in agriculture.”
Vegetable industry body AUSVEG welcomed the acquisition.
“This merger is great news for the Australian vegetable and potato industries as it will create a highly specialised, global group that will offer enhanced agricultural research and consultation services to growers,” said AUSVEG national marketing manager Nathan McIntyre.
“Australia’s vegetable and potato growers will be able to benefit from the combined resources and specialty services of both companies, which include agronomic research and regulatory advice, new product development for agricultural inputs, crop variety trials, cooperative research work and much more,” McIntyre said.
