
Logo courtesy of Valent
Valent BioSciences LLC, a leader in the discovery, development and commercialization of highly effective, low-risk, environmentally compatible technologies and products for agriculture, public health and forest health, has announced its acquisition of FBSciences Holdings, Inc., a leader in the discovery and commercialization of naturally derived plant, soil and climate health solutions. With this acquisition, Valent BioSciences and its parent company, Sumitomo Chemical Co., Ltd., now offer an innovative and proven portfolio of integrated biorational solutions, including biostimulants, biopesticides, and crop nutrition solutions.
The acquisition of FBSciences strengthens Valent BioSciences’ participation in the rapidly growing $3.5 billion global biostimulant market. On Oct. 1, 2022, Valent BioSciences began selling biostimulant products directly to its U.S. customer base. This acquisition will provide a growth platform for the two companies’ wide range of crop enhancement and crop protection products.
“The acquisition of FBSciences is a natural next step in the evolution of our organization as a global leader in biorationals, including biostimulants,” says Ted Melnik, president and CEO of Valent BioSciences. “The wide range of biostimulant, biopesticide and crop nutrition products and technologies in the FBSciences portfolio augments Valent BioSciences’ broad family of biorational products, thereby creating an unmatched range of value-added and sustainable solutions that no other company can provide.”
“This acquisition will step forward our Green Transformation strategy initiatives and contribute to realizing sustainable agriculture and society in the future,” says Nobuaki Mito, director and senior managing executive officer of Sumitomo Chemical.
“The acquisition of FBSciences by Valent BioSciences is a major leap forward for the biorational industry,” says Courtenay Wolfe, CEO and chairwoman of FBSciences. “This tremendous milestone for FBSciences recognizes 16 years of success developing and commercializing transformative plant, soil and climate health solutions. Our companies share a common rooted-in-science approach coupled with a mission to better society and our planet.”
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