BioFirst is a global leader in biological crop protection, nutrition and natural pollination.
Investment highlights
1987
Year of establishment
Belgium
Country
2022
Year of entry
13.40%
Direct and indirect shareholding percentage *
Sustainable supply chains
Sector
* Sofina is represented in the decision-making bodies of the company.
Sofina invested in BioFirst (previously Biobest) in 2022 through a capital increase to finance the acquisition of BioFirst’s main distributor, the Canadian company Plant Products. Following this transaction, Sofina became a minority shareholder of BioFirst alongside Floridienne, a controlling shareholder since 2006, and Mérieux Equity Partners, which joined in 2018. In 2023, Sofina supported the company through two capital increases to finance the acquisition of Biotrop and smaller targets.