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Home » BASF signs agreement to acquire additional seeds and crop protection businesses and assets from Bayer

BASF signs agreement to acquire additional seeds and crop protection businesses and assets from Bayer

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In addition to the agreement signed in October 2017, BASF has signed an agreement to purchase further businesses and assets, which Bayer offered to divest in the context of its planned acquisition of Monsanto.

In addition to the agreement signed in October 2017, BASF has signed an agreement to purchase further businesses and assets, which Bayer offered to divest in the context of its planned acquisition of Monsanto. The expanded scope includes:

– Bayer’s entire vegetable seeds business, operating under the global trademark Nunhems,

– seed treatment products sold under the Poncho, VOTiVO, COPeO and ILeVO brands,

– the R&D platform for hybrid wheat and

– the complete state-of-the-art digital farming platform xarvioTM.

The transaction also includes Bayer’s oilseed rape business in Australia; certain glyphosate -based herbicides in Europe, used predominantly for industrial applications; the canola-quality juncea research and certain non-selective herbicide and nematicide research projects.

See full article at Agropages

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