SynTech Research and Acceres in advanced merger discussions

SynTech Research and Acceres are in advanced discussions to merge their businesses to form a world-leading global Agricultural R&D Contract Research Organisation (CRO).

SynTech Research is a major global AgriBusiness CRO, and Acceres is a fast-growing CRO in the same sector in Europe. The combined organization will be able to offer a complete package of services (Field, Laboratory and Regulatory), which will be highly attractive to the Company’s present and future customers. This includes those seeking to outsource whole product development, from field studies through to registration and beyond. The combined offer will allow the new Company to become a dominant global player in this sector.

The new Company brand will be SynTech Research, but individual company brands within Acceres will be retained as needed, for continuity and to maximize impact. Dr Khosro Khodayari, current SynTech Research CEO, will be CEO of the new Company leading the integration of SynTech Research and Acceres.

Closing of the merger is expected in early Q1 2020. The new Company’s majority shareholder will be Ekkio Capital, an independent French investment firm which has funded acquisition and growth of the CROs which constitute Acceres (GAB Consulting, PromoVert and most recently Biotek Agriculture). Ekkio will provide significant additional investment to accelerate growth of the new Company through acquisitions and greenfield expansion projects.

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About The Author

John Swire - Deputy editor of Agronomist and Arable Farmer as well as responsibility for the Agronomist and Arable Farmer and Farm Business websites. After 17 years milking cows on the family farm John started writing about agriculture in 1998 and has since written for a variety of publications and has developed a wide circle of contacts within the industry. When not working John is a season ticket holder at Stoke City and also of late has become a fitness freak, listing cycling, swimming and walking as his exercises of choice.