Novozymes acquires TJ Technologies Inc, further strengthens position in bioagriculture

摘要

Novozymes has signed a definitive agreement to acquire TJ Technologies Inc, based in Watertown, South Dakota. With annual revenue close to $15 M, TJ Technologies Inc provides North American farmers with biological solutions that enhance plant growth, increase stress tolerance, and improve yields. The acquisition marks yet another important step in building Novozymes' business within sustainable bioagricuiture solutions. It is claimed that combining Novozyme's existing products and leading global name with TJ Technologies' strong and proven portfolio, brands and regional market coverage, will strengthen Novozymes' commercial position in important crop markets. Biological technologies are natural solutions to improve plant health and growth, and to combat diseases across broad-acre crops such as corn and soybean, as well as high-value crops like leafy greens, fruits, and vegetables.