Swiss-based agribusiness Syngenta has agreed to acquire Brazilian agritech firm Strider for an undisclosed sum. The deal is expected to close in the second half of this year, and will see Syngenta’s Agropecuária de Pernambuco SA buy out its rival, which was founded by former Monsanto executive Carlos
Swiss-based agribusiness Syngenta has agreed to acquire Brazilian agritech firm Strider for an undisclosed sum. The deal broadens Syngenta's ability to supply digital solutions to customers, while Strider, a big player in Latin America that also expanded into the US two years ago, has developed technologies including satellite imaging of crops and pest control.