Tropic Acquires Rahan Meristem to Build First Fully Integrated Banana Genetics Company

Deal Summary

Tropic, a gene‑editing company developing new banana varieties, has completed the acquisition of Rahan Meristem, a specialist in large‑scale banana propagation across Latin America, Asia and the Middle East. The deal creates the first fully integrated banana genetics business, combining variety development, propagation and distribution under one roof.