Solbiosur has worked in collaboration with Alltech for the past five years.
Alltech said the deal sees it combining its science expertise with Solbiosur’s distribution strength and reach.
The two companies said they have identified possible growth opportunities, including new product development and expanded routes to market.
Solbiosur is set to continue to distribute from and manufacture in Murcia, Spain, due to the region’s primary position as one of Europe’s largest horticultural areas, confirmed Alltech.