Israel: Biobest announces partnership with Pollination Services Yad Mordechai

Biobest acquired an important minority share of the Israeli based company Pollination Services Yad Mordechai with the option to acquire the majority in the near future. Pollination Services is an important producer of bumblebees and biological control agents in the Israeli market.

“This partnership with Pollination Services Yad Mordechai is an important step for Biobest to ensure a local presence in Israel”, says Biobest CEO Jean-Marc Vandoorne. “Israel is well-known for its high quality horticulture production with an IPM market that is growing rapidly. Due to local import restrictions for bumblebees
and BCA’s, Biobest was never able to enter this market before. With this partnership we will position Biobest for growth and penetration of the Israeli market. It also ensures that local growers will receive access to the highly regarded Biobest quality products in the future”, he added.

David Doron, Chairman of the Board of Pollination Services Yad Mordechai is proud the company will now be part of the BIOBEST Group and adds that this partnership will bring a lot of expertise in production and distribution. The state-of-the-art rearing and production methods and the extending of the biological products portfolio will contribute to the further growth in the Israeli market.

For more information:
Jean-Marc Vandoorne
Biobest N.V
jmv@biobest.be

or

David Doron
Pollination Services Yad Mordechai
doron@yadmore.co.il