Tropic acquires Rahan Meristem to scale banana variety rollout

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Tropic has acquired Rahan Meristem, a banana plant propagation company with operations across Latin America, Asia, and the Middle East. The acquisition provides Tropic with plant production and distribution capacity in major banana-exporting regions and supports the commercial rollout of its banana varieties by combining variety development, propagation, and grower supply.

© Tropic

Bananas are one of the world’s most important agricultural crops, with more than 20 million tons exported annually. Commercial production relies largely on the Cavendish variety, leaving growers exposed to disease pressure and threats including Panama disease TR4.

© Tropic

Using gene-editing and breeding technologies, Tropic has developed banana varieties that retain the agronomic and consumer characteristics of Cavendish bananas while incorporating traits such as disease resistance, reduced browning, extended shelf life, and higher yields. The company says these varieties are intended to support productivity and reduce waste across the supply chain.

© Tropic

Following its recent US$105 million Series C funding round and the launch of new banana varieties, Tropic is focused on increasing production and grower adoption. The acquisition of Rahan Meristem adds propagation capacity, operational expertise, and a presence in major production regions.

By combining Tropic’s gene-editing pipeline with Rahan’s propagation operations and grower network, the company aims to develop, propagate, and distribute banana varieties at commercial scale. Rahan’s existing relationships with growers in major banana-producing regions provide routes to market for Tropic’s varieties.

Tropic CEO Gilad Gershon said: “Welcoming Rahan and its team into Tropic creates a joint business with the operational scale and global reach to deliver banana innovations to growers worldwide. Together, we can help growers improve resilience and productivity while delivering better-quality fruit and reduced waste for consumers and supply chains.”

© TropicFor more information:
Simon Middleton
Tropic
Tel: +44 (0) 79393 45783
Email: [email protected]
www.tropic.bio

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Source: The Plantations International Agroforestry Group of Companies