Transaction

Eurazeo EPBF acquired Bioline AgroSciences

Transaction

Eurazeo EPBF acquired Bioline AgroSciences

Buy-side

Undisclosed

Role

Adviser to Eurazeo EPBF on its acquisition of Bioline AgroSciences

Sector

Industrial & Chemicals

Region

France & Belgium

We have advised Eurazeo Planetary Boundaries Fund (EPBF) on the acquisition of Bioline AgroSciences, a leading player in innovative biological solutions for crop protection. With over 40 years of experience, Bioline AgroSciences plays a key role in supporting farmers in their transition toward more sustainable practices. The company operates six biofactories across the US, UK, France, Spain, and Kenya and primarily serves today high-value crops such as berries, flowers, ornamentals, fruits and vegetables. 

Bioline AgroSciences designs, produces and markets biological-based solutions to enable growers to achieve targeted and effective pest control in agriculture, ranking as the third-largest player worldwide in macrobials in a highly fragmented market. 

Further to the first close of its fund, Eurazeo EPBF acquired a majority stake in Bioline AgroSciences as its first investment, valuing its top-tier product portfolio, reputed brand, extensive international footprint and double-digit sales growth since 2018.

Eurazeo EPBF's investment in Bioline AgroSciences, alongside the impact investment family fund Aurae as a minority shareholder, will enable Bioline AgroSciences to accelerate its growth through organic investments as well as a proactive buy-and-build strategy, embodying EPBF’s commitment to creating a larger champion to drive the transition to sustainable agriculture.

Bioline image

We are witnessing significant momentum as investors recognise the need and opportunity to scale businesses providing solutions towards the environment. As partners and together with the EPBF team, we are committed to applying our playbook and track record in scaling up small- to mid-sized businesses to create the future European environmental solutions champions. We are delighted with our inaugural deal to support Bioline AgroSciences, whose work contributes to safeguarding three of the Planetary Boundaries, with a huge growth potential in a highly fragmented market that demands consolidation in order to accelerate the transition to a sustainable agriculture.

Erwann Le Ligné and Wilfried Piskula, Partners & Co-Heads, Eurazeo Planetary Boundaries Fund

Advisers

Transactions