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Bayer CropScience acquires businesses in Brazil, plans further growth in Latin America

7:33 AM MST | March 7, 2013 | Deepti Ramesh

Condon: Latin America is a strategic region Bayer CropScience, a subgroup of Bayer, says that it has signed an agreement to acquire the soybean seed company Wehrtec and the soy business of Agricola Wehrmann, which are both headquartered at Cristalina, Brazil. Bayer CropScience says it has also acquired the soy germplasm bank from Melhoramento Agropastoril (Cascavel, Brazil). Financial details of the transactions were not disclosed. “These steps will enable Bayer CropScience to enhance its research and breeding of soybean varieties tailored to meet the...

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