Aqua Capital, a private equity firm focused on control investments in South America-based agribusiness companies, has acquired Total Biotecnologia, a Brazil-based developer of agricultural inoculants. Aqua plans to merge the company with Brazil-based biological product and plant extract producer and distributor Biotrop. The merged company will develop, manufacture and market products for crop development, nutrition and protection. Aqua plans to extend the company’s operations throughout Latin America and globally. Financial details of the transaction were not disclosed.