Sacramento Business Journal

Marrone Bio Innovations, a Davis-based developer of biologically based pesticides, and Nufarm Australia Ltd. announced an agreement to make Marrone’s Grandevo bioinsecticide available in Australia and New Zealand. Those markets are potentially worth a combined $300 million annually.

Nufarm, the largest maker of crop-protection products in Australia, will be the exclusive distributor of Grandevo in Australia and New Zealand, the companies said.

This deal is Marrone Bio’s first in the Asia-Pacific region, Marrone Bio Innovations Inc. (Nasdaq: MBII) CEO and founder Pam Marrone said in an email.

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