Chinese giant buys Israeli bio-fungicide developer

Israel’s Stockton Group, a world leader in the bio-pesticide business, is being acquired by China’s Hebang Group for $90 million. Stockton’s Timorex Gold bio-fungicide is sold in 20 countries to treat rice, coffee, grapes, tomatoes, bananas, and other fruits and vegetables.

http://www.timesofisrael.com/chinese-group-to-pay-90-million-for-israeli-biopesticide-maker/

This entry was posted in Economy & Business. Bookmark the permalink.

Leave a Reply

Your email address will not be published.