Grossdietwil, Switzerland – July 9th, 2024 – Andermatt Group AG is pleased to announce the acquisition of BioTEPP Inc., a renowned Canadian company recognized for its biological pest control product, Virosoft^TM CP4. The acquisition of BioTEPP Inc. by the Andermatt Group underlines Andermatt’s commitment to sustainable agriculture, expanding its comprehensive biological product offerings to growers worldwide.

A Shared Vision for Innovation and Environmental Stewardship

Andermatt and BioTEPP are united by a strong commitment to environmental sustainability. Virosoft^TM CP4, BioTEPP’sflagship product, provides an effective, environmentally friendly alternative to chemical insecticides. Virosoft^TM CP4 is a granulovirus-based biopesticide that targets codling moth and oriental fruit moth larvae without negatively impacting beneficial insects and overall ecosystem health. The integration of the BioTEPP’ business into Andermatt combines the strengths of both companies, supporting Andermatt’s ability to develop and deliver cutting-edge biological products.

“We are excited to join forces with the Andermatt Group, a company that shares our dedication to innovation and sustainability. This partnership will enable us to expand the reach of Virosoft^TM CP4 and continue developing new solutions for pest management that will make a significant impact on sustainable agriculture globally,” Claude Gagnon, President of BioTEPP Inc.

“We are thrilled to welcome BioTEPP Inc. to the Andermatt Group. This acquisition aligns perfectly with our vision to advance sustainable agriculture through innovative biological solutions, enabling the production of healthy food and a healthy environment, for all. We look forward to leveraging our combined expertise to the benefit of growers around the world, Daniel Zingg, CEO of Andermatt Group AG.

About Andermatt Group AG

Andermatt Group AG, headquartered in Switzerland, is a global leader in the production and supply of biologicals. The company is committed to promoting sustainable agriculture through innovative solutions that protect crops, enhance yields, and minimize environmental impact.

About BioTEPP Inc.

BioTEPP Inc. is a Canadian company specializing in the development and production of biological pest control solutions. Known for its flagship product, Virosoft^TM CP4, BioTEPP Inc. provides effective and environmentally friendly products that help growers manage pest populations and protect their crops.

For more information, please visit www.andermatt.com and www.biotepp.com