French co-op InVivo acquires 50% of Irish company Life Scientific

InVivo acquires 50% of Life Scientific

French co-op InVivo has acquired a 50% stake in Life Scientific, an Irish R&D company specialising in off-patent crop protection products.

InVivo is the largest agricultural co-op in France, and a leading agri sector player globally. Established in 1995, NovaUCD-based Life Scientific is to create 20 jobs over the next five year, primarily research roles.

Life Scientific chief executive, Nicola Mitchell, said: “This agreement will allow us to scale our proven business model, both in France and globally. It will strengthen our capacity to innovate on a global scale.”

The deal was signed at a St Patrick’s Day event in Paris attended by Jobs Minister Richard Bruton and Irish ambassador Geraldine Byrne Nason.

InVivo, with revenues of $5.7bn (€5.375bn) and employing 8,800 people in 28 countries, is a union of 223 farming co-operatives and has a membership of 300,000 farmers. The remit of InVivo, the largest buyer of agrochemicals in Europe, is to work together with its member co-operatives to develop sustainable and profitable products enabling farmers to secure their production and revenue.


Lifestyle

Junior Cert and Leaving Cert students mustn’t be forced to go through the motions with state exams, and we need creative thinking to find alternatives fast, writes mother and educator Ellie O’Byrne.Policy fail? Insistence that state exams go ahead in June is glib and ignorant

Yes, we all need to stay at home but that doesn't mean your children have to be bored, says Michelle McGlynnWorld of wonder: What to do with the children outdoors

Over the next three weeks, I am going to outline how you can support yourself and your family over this period of lockdown, writes Richard Hogan.Learning Points: Keeping children on a healthy and happy regime

As we are settling into our new routines of self isolation, staying at home and home schooling it feels that a whole new set of pressures is coming down the tracks.Mum's The Word: Pressure to be productive in a world of online classes

More From The Irish Examiner