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Bayer CropScience Sells Rovral and Sportak Fungicide Business to FMC

8:59 AM MST | December 8, 2011 | Natasha Alperowicz

Bayer CropScience said today that it has divested its Rovral iprodione and Sportak prochloraz fungicides to FMC for worldwide agricultural uses outside Europe. Financial terms of the transaction were not disclosed. Bayer CropScience is restructuring its crop protection business by rejuvenating its portfolio and increasing its focus on key brand families. "This divestment is in line with our global strategy to optimize our portfolio and to build a solid foundation for profitable growth, says Sandra Peterson, CEO of Bayer CropScience. The transaction is a...

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